When the product demand is inelastic, labor demand is
a. low
b. high
c. elastic
d. inelastic
e. nonunion
D
Economics
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Each Federal Reserve Note bears a seal placed to the left of George Washington on the $1 bill that identifies the
a. discount rate b. legal reserve requirement c. federal funds rate d. value of M1 e. District Bank that issued it
Economics
Which of the following is a term for account that the depositor has committed to leaving in the bank for a certain period in exchange for a higher rate of interest?
a. Money market fund b. Savings deposit c. Time deposit d. Checking account
Economics