If the Fed decides to sell T-bills, it increases the supply of T-bills. How will this affect the price of T-bills and the interest rate?

a. T-bill prices fall and interest rates fall.
b. T-bill prices rise and interest rates rise.
c. T-bill prices rise and interest rates fall.
d. T-bill prices fall and interest rates rise.


d

Economics

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The data in the table above shows the consumption by families in a small (poor) economy. The families consume only salt and bread. The reference base period is 2011. The CPI in 2011 is

A) 94.2. B) 140.5. C) 124. D) 100. E) 106.2.

Economics

If the courts apply the rule of reason criterion to a firm that dominates a market but does not engage in anticompetitive behavior, it would not find the firm to be in violation of the antitrust laws

Indicate whether the statement is true or false

Economics

A corporation is not

a. a legal identity separate from shareholders b. eligible to issue stock as a method of acquiring capital to expand operations c. allowed to file for bankruptcy protection d. a business form allowing owners to earn income e. a business organization whose ownership is the same as management

Economics

In the United States, the marginal tax rate on individual federal income tax

a. decreases as income increases. b. increases as income increases. c. is constant at all income levels. d. applies only to payroll taxes.

Economics