If the wage rate were $250, how many workers would be hired?

When one is considering the cost of taking a trip in their car, the average cost per mile includes some items of cost that are not included in the marginal cost of a mile drive. This statement is:

a. always true b. always false c. sometimes true and sometimes false depending on the circumstances d. absurd because marginal costs do not apply to mileage costs e. none of the above

In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, a ________ in the reserve requirement increases the demand for reserves, ________ the federal funds interest rate,

everything else held constant. A) rise; lowering B) decline; raising C) decline; lowering D) rise; raising