Charging different prices to different customers for the same good or service is known as
a. monopoly
b. price setting
c. competition
d. price discrimination
e. rent seeking
D
Economics
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The Federal Reserve District Banks are owned by
A. the federal government. B. a combination of state governments and the federal government. C. the board of governors. D. their member banks.
Economics
Use the graph to answer the following question:
Suppose the economy is in equilibrium at point B which is below the full-employment output of point D. If the government implements fiscal policy targeted at moving real GDP back to point D, but crowding out significantly reduces the effectiveness of the fiscal policy, the equilibrium point will likely end up closer to point
A. A. B. B. C. C. D. D.
Economics