List three key reasons to study economics

What will be an ideal response?

(1.) Learn a way of thinking.
(2.) Understand society.
(3.) Be an informed citizen.

Economics

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Under the new discount window system, the interest rate for primary credit loans is set

A) one percentage point below the federal funds rate target. B) one percentage point above the federal funds rate target. C) two percentage points above the federal funds rate target. D) two percentage points below the federal funds rate target.

Economics

Refer to Scenario 10.2. How much profit does the monopolist earn?

A) $4512.50 B) $4987.50 C) $475.00 D) $5.00

Economics