Depository institutions are the most important source of credit to
A) mutual funds.
B) large businesses.
C) small businesses.
D) state governments.
C
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The labor demand curve:
A. is provided by firms who want to hire workers at each given wage. B. is made up of workers who want to work for firms at each given wage. C. shows number of workers who are willing and able to work at higher wages. D. shows that the number of people who want to work increases as the wage increases.
Claire is on her way to her job at a call center where she was planning on spending three hours. She can drop in and work any hour she wants to and earn $12 per hour. Her friend calls and invites her to spend the next three hours bungee jumping. Claire decides to go with her friend, which tells us Claire's opportunity cost of working for three hours is:
A. less than $36. B. greater than $36. C. greater than $12. D. less than $12.
If M is 4,000, Q is 2,000, and P = 8, then V
A. Is 2. B. Is 3. C. Is 4. D. Is 5.
Derived demand is
A. the demand for goods and services produced by companies using scarce resources. B. a derivative of the demand curve. C. the demand for the factors of production that are used to produce goods and services. D. the demand for advertising to increase the sales of the product.