Production quota
What will be an ideal response?
An upper limit to the quantity of a good that may be produced in a specified period
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Which of the following would tend to increase the demand for college textbooks?
A) A lower price of college textbooks B) An increase in the number of enrolled college students C) A significant increase in college tuition D) Both A and B
The Board of Governors of the Federal Reserve consists of seven members, each of which are
A) appointed by the president of the United States. B) elected by the public every two years. C) presidents of one of the 12 regional Federal Reserve Banks. D) CEOs of commercial banks within each Federal Reserve district.
If self-correction causes prices to fall less than nominal wages, both output and real wages will decrease
a. True b. False Indicate whether the statement is true or false
A $1,000 face value bond purchased for $965.00, with an annual coupon of $60, and 20 years to maturity has a:
A. A yield to maturity and current yield equal to 6.00%. B. current yield equal to 6.22% and a coupon rate below this. C. current yield and coupon rate equal to 6.22% and a coupon rate above this. D. coupon rate equal to 6.00% and a current yield below this.