Which of the following is an example that can help explain increased profits for large financial holding companies?
A. Financial holding companies are not well diversified and receive a higher return for the higher risk.
B. Financial holding companies are exempt from having to pay for FDIC insurance.
C. Financial holding companies offer a wide array of services under many brand names.
D. Financial holding companies need only one CEO, one Board of Directors, and one computer system regardless of size.
Answer: D
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If University of Nebraska increased its season football ticket sales from 43,000 to 47,000 when it lowered price from $350.00 to $300.00, then its demand for season tickets must be ________ because total revenue ________ when the price was lowered
A) elastic; decreased B) elastic; increased C) inelastic; decreased D) inelastic; increased
What does the slope of a straight line equal? How is the slope of a curved line calculated?
What will be an ideal response?
If labor productivity increases
A) labor costs rise by equal increments. B) the demand for labor increases. C) some workers will be laid off. D) jobs will relocate.
When the Fed adopts an expansionary monetary policy: a. the demand for investment curve shifts to the left
b. the demand for investment curve shifts to the right. c. there is a downward movement along the demand for investment curve. d. there is an upward movement along the demand for investment curve. e. there is no impact on the demand for investment curve.