Of the following, which would be the last choice for a bank facing a reserve deficiency?
A) Call in loans.
B) Borrow from the Fed.
C) Sell securities.
D) Borrow from other banks.
A
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The above figures show the market for gasoline. Which figure shows the effect of a nation-wide strike by municipal bus drivers, which causes more people to drive their cars to work?
A) Figure A B) Figure B C) Figure C D) Figure D
A market structure in which a small number of firms compete is called
A) perfect competition. B) monopolistic competition. C) oligopoly. D) monopoly.
Firms choose the highest indifference curve they can obtain given the lowest possible budget line
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT an attribute of a public good?
A. Being non-excludable B. Indivisibility C. Uncompensated third-party costs D. Being non-rivalrous