Temporary, short-term discount loans to banks in areas in which agriculture and tourism are important are known as
A) primary credit.
B) secondary credit.
C) seasonal credit.
D) repo loans.
C
Economics
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The optimal output of a collective consumption good is found by_____
a. equaling marginal cost and the vertical summation of all individual's demand curves b. equaling price and marginal cost c. equaling marginal cost and the horizontal summation of all individual's demand curves d. equaling marginal cost and long-run average total cost
Economics
If a consumer increases her quantity of ice cream consumed by 100% when her income rises by 25%, then her income elasticity of demand for ice cream is
A) 8.0. B) 4.0. C) .25. D) .08.
Economics