Suppose the Fed buys $1 billion worth of bonds and the required reserve ratio is 10%. In the theoretical limit, the money supply could
A) decrease by $1 billion.
B) increase by $1 billion.
C) decrease by $10 billion.
D) increase by $10 billion.
D
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In the above table, what is the marginal factor cost of the 5th worker?
A) $22 B) $18 C) $90 D) $26
What is the total profit to the monopolist from selling the goods separately?
a. $12,000 b. $13,000 c. $11,000 d. $10,000
When all prices are increasing due to inflation:
A. price signals become more difficult to interpret. B. price signals will be confused for quantity signals. C. price signals are easier to interpret than if prices were decreasing. D. prices do not send signals.
An industry in which an increase in industry output is accompanied by an increase in long-run per-unit costs is a(n)
A) increasing-cost industry. B) constant-cost industry. C) break-even cost industry. D) decreasing-cost industry.