An increase in the discount rate ________ bank reserves and ________ the money supply if banks with outstanding loans are encouraged to pay them back more quickly
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
D
Economics
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Economic profit is greater than or equal to accounting profit
a. True b. False Indicate whether the statement is true or false
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Why does monopoly necessarily reduce consumer surplus compared to perfect competition?
What will be an ideal response?
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Refer to the data. The marginal revenue obtained from selling the third unit of output is:
A. $6.
B. $1.
C. $2.
D. $5.
Economics
Unions and employers use collective bargaining to negotiate
a. wages only b. wages and employee benefits only c. employee benefits only d. working conditions only e. wages, employee benefits, and working conditions
Economics