If the price of butter increases, the demand for margarine
A. will shift outward.
B. will kink into an S-curve.
C. will shift inward.
D. will be unchanged.
Answer: A
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Most of the world's currencies are backed by some type of commodity
Indicate whether the statement is true or false
The Glass-Steagall Act prevented commercial banks from
A) opening branches in other states unless the bank is part of a bank holding company. B) getting into investment banking. C) selling shares in themselves in the open market. D) issuing commercial paper.
Jan has an income of $30,000 and pays $4,500 in taxes. When Jan's income rises to $40,000 . her tax bill rises to $6,500 . What is Jan's marginal tax rate?
a. 5 percent. b. 15 percent. c. 16.25 percent. d. 20 percent.
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If two drones are produced, average variable costs are
A. $10. B. $20. C. $25. D. $50.