A firm that sells its output and hires its labor in perfectly competitive markets
a. controls the price of its output, but accepts the wage rate it pays as given
b. controls both the price of its output and the wage rate it pays
c. controls the rate it pays, but accepts the price of its output as given
d. accepts both the price of its output and the wage rate it pays as given
e. controls the price of its output, the wage rate it pays, and its own output level
D
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Which of the following statements about checkable deposits is correct?
A) Checkable deposits are a larger fraction of banks' funds today than in 1973. B) Checkable deposits are a smaller fraction of banks' funds today than in 1973. C) All checkable deposits pay interest. D) No checkable deposits pay interest.
A charter school is an independent _____ school with _____ financing
a. private; private b. public; public c. private; public d. public; private