Marginal benefit curves slope ________ and marginal cost curves slope ________
A) upward; upward
B) upward; downward
C) downward; downward
D) downward; upward
D
Economics
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At the end of the 1980s, bank regulators ________ various standards by which bank performance is measured thereby ________ banks willingness to lend
A) lowered, increasing B) raised, increasing C) lowered, decreasing D) raised, decreasing
Economics
A government wants to establish a minimum wage for workers to raise the standard of living for a large segment of the population. Where should the government set the minimum wage relative to W E ?
a. above W E
b. below W E
c. equal to W E
d. W E is irrelevant.
Economics