Refer to the below data. If government adopts a price support program that sets the price at $8, then there will be a:
A. Shortage of 100 bushels
B. Surplus of 100 bushels
C. Surplus of 200 bushels
D. Surplus of 300 bushels
B. Surplus of 100 bushels
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At one point along a PPF, 50 tons of coffee and 100 tons of bananas are produced. At another point along the same PPF, 30 tons of coffee and 140 tons of bananas are produced. The opportunity cost of a ton of coffee between these points is
A) 7/5 of a ton of bananas per ton of coffee. B) 1/2 of a ton of bananas per ton of coffee. C) 5/7 of a ton of bananas per ton of coffee. D) 2 tons of bananas per ton of coffee.
Which of the following statements is false?
A. The Treasury bond information published under the column heading "Yield" is based on the ask price of the bond. B. The Treasury bond information published under the column heading "Yield" is based on the assumption that the bond is held to maturity. C. The Treasury bond information published under the column heading "Bid" indicates the price a buyer will pay if he buys the bond. D. The Treasury bond information published under the column heading "Bid" is the price a buyer will receive if she sells the bond.
If e = 0.125, c = 0.08, and D = 720, the total demand for high-powered money is
A) 32.4. B) 3512.20. C) 572.4. D) 147.6.
A person who performs supervisory activities will also be a _____ if she/he is financially responsible for investment and other contracted decisions
a. residual claimant b. director c. shareholder d. financial advisor