Which of the following is an example of a monopolistically competitive firm?
A. Farmer Smith's corn farm
B. Tino's Italian eatery, a local restaurant
C. TCI Cablevision, a supplier of cable television services
D. Northwest Electricity, a supplier of electricity in the Northwest U.S.
Answer: B
Economics
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A) increases; increases; more B) increases; decreases; more C) increases; decreases; less D) decreases; increases; more E) decreases; decreases; more
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If Bank A sells a $100,000 U.S. Treasury bond to the Fed, Bank A's reserves will:
A. increase by $100,000. B. not change. C. decrease. D. increase by less than $100,000.
Economics