If a firm's rent increases, it will affect its cost structure in which of the following ways?

A) AVC will increase.
B) MC will increase.
C) TFC will increase.
D) All of the above will increase.

C

Economics

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One big difference between tariffs and quotas is that tariffs

a. raise the price of a good while quotas lower it b. generate tax revenues while quotas do not c. stimulate international trade while quotas inhibit it d. hurt domestic producers while quotas help them e. generate the same outcome as free trade while quotas do not

Economics

If there are no excess reserves in the banking system and the Fed lowers the required reserve ratio, it follows that banks will now have __________, which they can use to extend loans and create new __________

A) positive excess reserves; checkable deposits B) negative excess reserves; currency C) positive excess reserves; currency D) more vault cash; checkable deposits E) none of the above

Economics