As output rises, AFC gets ________________.
Fill in the blank(s) with the appropriate word(s).
smaller
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The interest rate on Baa corporate bonds is ________, on average, than interest rates on Treasuries, and the spread between these rates became ________ in the 1970s
A) lower; smaller B) lower; larger C) higher; smaller D) higher; larger
The more dollars that must be given up to buy one British pound, the __________ American goods are for the British and the __________ American goods the British will buy; thus __________ dollars will be demanded
A) more expensive; fewer, more B) less expensive; more, more C) more expensive; fewer, fewer D) less expensive; fewer, more E) none of the above
The cost of repositioning an automobile gas tank for greater safety is $11 per vehicle for 12.5 million vehicles. The automobile company places a value on life of $500,000. To justify redesigning the location of the gas tank, the number of deaths expected to occur if the gas tank location is not redesigned would have to be at least:
A. 175. B. 1. C. 100. D. 275.
Which of the following is most likely to be a monopoly?
A) Ford, an auto manufacturer B) Verizon, a wireless service provider C) The Washington Post newspaper D) a public water utility