The discount rate is the rate that the

a. Treasury pays on savings bonds.
b. Fed charges member banks.
c. Fed charges on government securities.
d. Fed charges the Treasury for sales of securities.

b

Economics

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In the above table, the average fixed cost at 4 units of output is

A) $1.00. B) $4.50. C) $4.70. D) $4.80.

Economics

Increased United States military expenditures and action in response to the terrorist attacks of September 11, 2001 suggest that military officials in the United States _____

a. could not wait to go to war b. view the War on Terror as a negative externality c. believe that military expenditures can act as a deterrent d. are incompetent

Economics