When there is a shortage of parking spaces at your college, the
A) demand for parking spaces is greater than the supply.
B) supply of parking spaces is greater than the demand.
C) quantity of parking spaces supplied is greater than the quantity of parking spaces demanded.
D) quantity of parking spaces demanded is greater than the quantity of parking spaces supplied.
E) Both answers A and D are correct.
D
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Each of the 12 regional reserve banks ________.
A. are only responsible for carrying out Treasury policy in their district B. own the member banks in their district C. are owned by the member banks in their district D. are owned by the Board of Governors
A person who has lost his or her job because it is now performed by a robot is structurally unemployed
a. True b. False Indicate whether the statement is true or false
Which of the following is GDP designed to measure?
a. the total market value of goods and services produced domestically during the year b. changes in the cost of purchasing the typical consumer market basket of goods from one year to another c. the total size of the domestic underground economy d. the standard of living of the average citizen
The minimum wage has never been sufficient to get a family of ________ above the poverty line.
A. one B. four C. two, three, or four D. three or four