Check collection and clearing happen
A. at the Fed and at private clearing centers.
B. only at private clearing centers.
C. only at the Fed.
D. at the bank where the check was written.
Answer: A
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A dominant strategy can best be described as
A) a strategy taken by a dominant firm. B) the strategy taken by a firm in order to dominate its rivals. C) a strategy that is optimal for a player no matter what an opponent does. D) a strategy that leaves every player in a game better off. E) all of the above
Monopolistic and perfect competition are alike in that: a. a firm's long-run equilibrium output is located where long-run average total cost is increasing. b. a firm's long-run equilibrium output is located where long-run average total cost is minimized. c. firms earn a normal rate of return in the long run
d. firms are price takers.
Vote trading in order to pass legislation is commonly called _____
Fill in the blank(s) with the appropriate word(s).
In 2013:
a. almost all of the uninsured had income below or just above the poverty line b. 45% uninsured adults were ages 18 to 34 c. both of the above d. neither of the above