A majority of the commercial banks in the United States are members of the Fed
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Under rate-of-return regulation, average cost pricing
A) is inflated so the firm can make economic profits. B) includes variable costs but not a cost for capital. C) includes what they consider to be a fair rate of return on investment. D) includes a cost for capital that generates an above normal rate of return.
Economics
Which of the following is NOT a determinant of the demand for gasoline?
A. Consumers' incomes. B. The price of automobiles. C. The supply of gasoline. D. The price of diesel.
Economics