The chair of the Department of Economics at Colorado State University decided that office space is for tenured faculty and that graduate students are required to share cubicles. What method is used to allocate office space?

Which of the following is an example of a reserve aggregate closely watched by the Federal Reserve?

A) Monetary base B) Currency held by the public C) Vault cash D) Total non-financial debt

In a perfectly competitive market, the average revenue curve of a firm is

A) the same as its total revenue curve. B) the same as its demand curve. C) the same its economic profits. D) the difference between its total revenue curve and its marginal revenue curve.