Since being originally set in 1913, bank reserve requirements have
A) not been changed.
B) been changed only once.
C) been changed on numerous occasions.
D) been changed on a daily basis.
C
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In part, perfect competition arises if i. each firm's minimum efficient scale is large relative to demand. ii. each firm produces a good or service identical to those produced by its many competitors. iii. there are significant barriers to entry
A) i only B) ii only C) i and ii D) iii only E) ii and iii
If Congress instituted an investment tax credit
a. it would make buying bonds more desirable, so the demand for loanable funds would shift. b. it would make buying capital goods more desirable, so the demand for loanable funds would shift. c. it would make buying bonds more desirable, so the supply of loanable funds would shift. d. it would make buying capital goods more desirable, so the supply of loanable funds would shift.
Refer to the graph shown. If the firm is producing 525 units of output, profit is equal to:
A. $0. B. $30. C. $38. D. ?$38.
The? world's population is growing at a rate of about
What will be an ideal response?