In recent years, the consumption of orange juice in the United States has fallen but the price of orange juice has risen. This is because the supply of orange juice has ________ and the demand for orange juice has ________
A) decreased; increased
B) decreased; also decreased
C) increased; decreased
D) increased; also increased
Answer: B
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The provision of additional cash to the banking system is an example of ________ policy.
A. structural B. aggregation C. monetary D. fiscal
How would the Fed's reduction of the reserve ratio requirement affect the money supply?
What will be an ideal response?
As output increases, economies of scale occur when the
A) long-run average cost increases. B) long-run average cost decreases. C) short-run average total cost decreases. D) long-run average cost stays constant. E) long-run fixed cost decreases.
The coupon rate is equal to the annual coupon payment
A. divided by the face value of the bond. B. divided by the price paid for the bond. C. multiplied by the price paid for the bond. D. divided by the current market value of the bond.