The Fed's loan that effectively nationalized AIG was approved by Congress

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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Initially a firm pays a wage and gets an output per worker which are given index numbers of 1.00. Five possible 3 percent increases in the wage and the accompanying output per worker are as follows:

1.03 and 1.09, 1.06 and 1.17, 1.09 and 1.24, 1.13 and 1.29, 1.16 and 1.31. What is the efficiency wage? A) 1.03 B) 1.06 C) 1.09 D) 1.13 E) 1.16

Economics

Why did farmers in the late 1800s dislike deflation?

Economics

Which of the following is an example of U.S. foreign portfolio investment?

a. Albert, a German citizen, buys stock in a U.S. computer company. b. Larry, a citizen of Ireland, opens a fish and chips restaurant in the United States. c. Nancy, a U.S. citizen, buys bonds issued by a Japanese bank. d. Dustin, a U.S. citizen, opens a country-western tavern in New Zealand.

Economics

If C(X) represents the total cost of activity X, then which of the following expressions best represents the marginal cost of activity X?

A. C(X) - C(X - ?X) B. (C(X) - C(X - ?X))/?X C. (C(X) - C(X - ?X))/X D. C(X - ?X))/?X

Economics