The term shutdown
a. and the term exit both refer to short-run decisions that a firm might make.
b. and the term exit both refer to long-run decisions that a firm might make.
c. refers to a short-run decision that a firm might make, whereas the term exit refers to a long-run decision that a firm might make.
d. refers to a long-run decision that a firm might make, whereas the term exit refers to a short-run decision that a firm might make.
c
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Monetary & Fiscal policy
What will be an ideal response?
Jim has the following assets and liabilities:Credit Card balance$2,000Cash$500Government bonds$2,000Checking$750Car loan balance$5,000Car$15,000Which of the following actions would increase Jim's money demand by $200?
A. Jim pays $200 cash for a new lamp. B. Jim gets a $200 cash advance on his credit card and puts the proceeds in his checking account. C. Jim writes a check for $200 to pay down his credit card balance. D. Jim writes a check for $200 to pay down her car loan balance.