President Franklin D. Roosevelt's first action regarding the run on banks was to
(a) close all banks.
(b) increase the money supply.
(c) prohibit bank foreclosures.
(d) provide federal guarantees to depositors.
(a)
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Advertising costs
A) make the marginal revenue more elastic. B) shift the ATC curve upward. C) shift the marginal cost curve rightward. D) indirectly shift the marginal cost curve upward. E) affect the marginal cost but not the total cost.
To determine the consumer price index (CPI), _____
a. the values of the current market basket at current and base-year prices need to be known b. the values of the base-year market basket at current and base-year prices need to be known c. the values of the current market basket at current prices and the base-year market basket at base-year prices need to be known d. only the current market basket at base-year prices needs to be known e. only the current market basket at current prices needs to be known