The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. If the market is perfectly competitive and unregulated, the equilibrium output will be
A) 2,000 tons.
B) 3,000 tons.
C) 4,000 tons.
D) 5,000 tons.
C
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Suppose a bank has total assets of $4,000,000,000, of which $1,000,000,000 are cash assets and government securities with a "risk weight" of 0% and $3,000,000,000 are loans with a risk weight of 50%
The bank has total deposits and other liabilities of $3,500,000,000. The bank's risk-based capital ratio is A) 14.3%. B) 25.0%. C) 33.3%. D) 37.5%.
The cost of inflation reduction is a large, permanent increase in unemployment
a. True b. False Indicate whether the statement is true or false
A market might have an upward-sloping long-run supply curve if
a. firms have different costs. b. consumers exercise market power over producers. c. all factors of production are essentially available in unlimited supply. d. the entry of new firms into the market has no effect on the cost structure of firms in the market.
Which of the three political philosophies discussed in the textbook, if any, think the government should not take from some individuals and give to others to achieve any particular distribution of income?