Ecological balance is the goal that assumes the global economy can achieve balanced economic conditions ___________________ .
A. Only if pollution is kept at zero
B. Only if inflation is maximized
C. Only if unemployment is minimized
D. While maintaining a sustainable, living planet
Ans: D. While maintaining a sustainable, living planet
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Everything else held constant, in the market for reserves, when the federal funds rate is 3%, increasing the interest rate paid on excess reserves from 1% to 2%
A) lowers the federal funds rate. B) raises the federal funds rate. C) has no effect on the federal funds rate. D) has an indeterminate effect on the federal funds rate.
A major criticism of monopolies is that they
A.) inhibit technological innovation. B.) limit consumption choices C.) experience economies of scale. D.) Both A and B are true.
When marginal revenue is positive for a linear (inverse) demand function, decreases in output will cause total revenues to:
A. decrease. B. remain unchanged. C. increase. D. There is not sufficient information to answer the question.
The largest regulatory change in U.S. financial markets since 1930 is known as:
A. the Gramm-Leach-Bliley Act. B. Basel III. C. the Dodd-Frank Act. D. the Fred-Bob Act.