If Tucker National Bank has $10,000 in excess reserves that it cannot lend:
A. the money multiplier increases.
B. the money multiplier decreases.
C. the money multiplier stays the same.
D. checkable deposits increase.
Answer: B
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Based on the production data for Pat's Pizza Parlor in the above table, the marginal product of the 4th worker is ________ pizzas
A) 5 B) 8 C) 10 D) 45
Which of the following is NOT considered to be a factor in the determination of a person's marginal productivity?
A) innate abilities such as high intelligence B) investment in human capital such as education C) on-the-job training D) the elasticity of supply of labor
When Scuba, Inc, lowered the price of a tank of compressed air by 20 percent, it sold 10 percent more tankfuls. The price elasticity for compressed air is
a. 2. b. 1/2. c. 1. d. 20.
Which of the following is not a basic freedom guaranteed by the U.S. Constitution?
What will be an ideal response?