Refer to the below table. What percentage should be reported in blank A of column 2?
A. 5
B. 6
C. 12
D. 17
C. 12
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An expansionary monetary policy is most likely to:
A. decreases interest rates, reduces investment, and decreases income. B. decreases interest rates, raises investment, and increases income. C. increases interest rates, raises investment, and increases income. D. increases interest rates, reduces investment, and decreases income.
You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the following table. ProjectBoom (50%)Recession (50%)A$20-$10B-$10$20C$30-$30D$50$50A risk-neutral manager will prefer project:
A. A. B. B. C. C. D. D.
The voting members of the Federal Open Market Committee consists of the
A) seven Board of Governor members and the 12 Federal Reserve Bank presidents. B) seven Board of Governor members and five Federal Reserve Bank presidents. C) 12 Board of Governor members and the seven Federal Reserve Bank presidents. D) 12 Board of Governor members and the five Federal Reserve Bank presidents. E) six Board of Governor members and six Federal Reserve Bank presidents.
Which of the following cost functions will exhibit both decreasing and increasing marginal costs?
A) a cubic cost function B) a quadratic cost function C) a linear cost function D) All of the above