The Fed buys $100 million U.S. government securities from Bank of America. Bank of America's balance sheet shows this transaction as ________ in total assets and ________ in reserves

Johnson's Piggery is the only employer in town. Johnson employs 500 workers and pays them each a wage of $8 . The MRP of the 500th worker is $10 . Johnson's return to monopsony power is

a. 2 percent b. equal to the marginal labor cost c. $4,000 d. $9 e. $1,000

Refer to the data provided in Table 10.2 below to answer the following question(s).   Table 10.2 Refer to Table 10.2. If workers are paid $150 per day, then the firm is profit maximizing when it hires ________ workers.

A. two B. three C. four D. five