When the United States is moving downward along the J-curve, its trade balance is ______________ as an immediate after-effect of a____________________ of the dollar
A) improving; depreciation
B) improving; appreciation
C) worsening; depreciation
D) worsening; appreciation
C
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The efficient level of recycling equates the
A) marginal cost of scrap disposal to the marginal benefit from not using virgin materials. B) marginal cost of recycling to the marginal benefit from not using virgin materials. C) marginal cost of scrap disposal to the marginal cost of recycling. D) marginal private cost of disposal to the marginal cost of recycling. E) per-unit refund from recycled materials to the marginal benefit from not using virgin materials.
The following is NOT an example of a potential monitoring solution to moral hazard
a. blocking social network sites on company computers b. closed circuit TVs throughout a warehouse c. requiring a kitchen remodeling contractor to be 'bonded' d. listening in on call center conversations
Initially a bank has a required reserve ratio of 10 percent and no excess reserves. If $1,000 is deposited into the bank, then, ceteris paribus,
A. Required reserves will increase by $1,000. B. Total reserves will increase by $900. C. This bank can increase its loans by $1,000. D. This bank can increase its loans by $900.
Refer to the accompanying table below. The average benefit of 4 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$2$122$6$223$12$304$20$365$30$406$42$427$56$43
A. $10 B. $9 C. $4 D. $5