Based on the following information, what is the amount of public saving? ReceiptsExpendituresFederal Government2,5002,000State and Local Governments1,5001,500
A. -200
B. -300
C. +300
D. -700
Answer: B
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Suppose Always There Wireless serves 100 high-demand wireless consumers, who each have a monthly demand curve for wireless minutes of QdH = 200 - 100P, and 300 low-demand consumers, who each have a monthly demand curve for wireless minutes of QdL = 100 - 100P, where P is the per-minute price in dollars. The marginal cost is $0.25 per minute. Suppose Always There Wireless charges $0.30 per minute. If Always There Wireless charges the highest fixed fee that it can without losing the low-demand consumers, what is Always There Wireless's total profit?
A. $11,200 B. $13,200 D. $12,700
Which one of the following will cause velocity to increase?
a. a decrease in interest rates b. increasing the efficiency of the payments system c. switching from weekly to monthly payroll checks d. an increase in the money supply
Which of the following would reduce the price of basketballs and increase the quantity sold?
a. An increase in the demand for basketballs. b. A decrease in the demand for basketballs. c. A decrease in the supply of basketballs. d. An increase in the supply of basketballs.
Use the following graph to answer the next question. Q* = 100 Yen. 
Assume Japan and the United States are engaged in a system of flexible exchange rates. One U.S. dollar will purchase how many Japanese yen?
A. 80 B. 120 C. 140 D. 125