During the 2007–2009 financial crisis, the U.S. government decided that Lehman Brothers was not too big to fail and that AIG was too big to fail.
Answer the following statement true (T) or false (F)
True
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If a decision is made and it is the best choice for society, the decision is said to be
A) a valid economic choice. B) made in self-interest. C) made in social interest. D) consist with scarcity. E) a want-maximizing choice.
If Congress instituted an investment tax credit, the interest rate would
a. rise and saving would rise. b. fall and saving would fall. c. rise and saving would fall. d. fall and saving would rise.
This graph shows the cost and revenue curves faced by a monopoly. 
According to the graph shown, the profit being earned by this monopolist is:
A. (P3 - P0)/Q1 B. (P3 - P0) ×Q1 C. (P1 - P0) × Q1 D. (P3 - P1) × Q1
(1)(2)(3)(4)(5)QdQdPriceQsQs5040$1070806050960708060850609070740501008063040Refer to the above table. If demand is represented by columns (3) and (2) and supply is represented by columns (3) and (5), equilibrium price and quantity will be:
A. $10 and 60 units. B. $8 and 60 units. C. $7 and 50 units. D. $9 and 50 units.