If the Federal Open Market Committee wants to decrease the money supply through open market operations it will
A) buy U.S. Treasury Securities. B) decrease the discount rate.
C) sell U.S. Treasury Securities. D) increase the discount rate.
C
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Rob is considered unemployed in the Current Population Survey if he
A) does not have a job and stopped looking for a job at least two months ago. B) is in his last term of college before he graduates. C) has looked for a job in the last four weeks but has not found a job. D) has a part-time job but would like a full-time job. E) has worked at least 1 hour but not more than 15 hours as a paid employee during the last week.
At which interest rate is the present value of $183.60 two years from today equal to about $173.06 today?
a. 2 percent b. 3 percent c. 4 percent d. 5 percent
Suppose that the inverse demand for a downstream firm is P = 150 ? Q. Its upstream division produces a critical input with costs of CU(Qd) = 5(Qd)2. The downstream firm's cost is Cd(Q) = 10Q. When there is no external market for the downstream firm's critical input, the downstream firm should produce:
A. 14 units. B. 11.67 units. C. 12.5 units. D. 15 units.
If the price of monthly satellite TV service increases from $40 to $50, the percentage change is:
A. 5 percent. B. 20 percent. C. 25 percent. D. 45 percent.