The lending facility that allows any bank to borrow reserves from the Fed is called the:
A. discount window.
B. reserve window.
C. reserve rate.
D. borrower of last resort.
A. discount window.
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In an economy, the number of potential workers is 60,000, the size of the labor force is 45,000, and the number of employed workers is 39,000. Calculate the unemployment rate and labor force participation rate in the country
What will be an ideal response?
When economists say that policy A is more efficient than policy B, they mean policy A is better than policy B.
Answer the following statement true (T) or false (F)
A monopsony is defined as a monopoly that has to negotiate with a labor union
a. True b. False Indicate whether the statement is true or false
When regulating a firm, setting price equal to marginal cost does not necessarily require providing a subsidy if
a. it always requires providing a subsidy b. ATC is always falling c. MC is always falling d. variable costs are covered e. ATC is U-shaped