Refer to Figure 3-5. At a price of $15
A) there would be a surplus of 4 units. B) there would be a shortage of 4 units.
C) there would be a shortage of 2 units. D) there would be a surplus of 6 units.
A
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Answer the following statements true (T) or false (F)
1) The present value of a bond is the only price that buyers are willing to spend on the bond and the only price sellers are willing to accept for the bond. 2) Junk bonds sell for higher prices than non-junk bonds. 3) The present value of a bond is the only price that buyers are willing to spend on the bond and the only price sellers are willing to acce244) A profit-maximizing manager should always calculate the net present value and use the net present value rule to evaluate any business decision that involves the payment or receipt of money at different times in the future.pt for the bond. 4) Profit-maximizing managers should make efforts to receive profits in future and incur costs in the present. 5) Interest paid of debt-financed investments is referred to as a tax shield.
Identify the correct statement regarding a fractional reserve banking system.
a. Only a fraction of the banks in the system are allowed to create money b. Only a fraction of the banks in the system have reserves. c. The claims outstanding against the bank are only a fraction of the bank's total reserves. d. Each bank must deposit a fraction of its reserves with the Federal Reserve Bank. e. Bank reserves represent only a fraction of bank deposits.
Other things the same, which of the following would increase productivity?
a. an increase in either human or physical capital b. an increase in human capital but not an increase in physical capital c. an increase in physical capital but not an increase in human capital d. neither an increase in human capital nor an increase in physical capital
Private employees (more frequently than public employees) tend to have their private retirements in
A. Ponzi schemes. B. defined contribution programs. C. defined benefit pension programs. D. Social Security.