Refer to Figure 15-3. Suppose the monopolist represented in the diagram above produces positive output. What is the profit-maximizing/loss-minimizing output level?

The Second National Bank of Townville has $400,000 in checking deposits, $125,000 in savings deposits, $500,000 in loans, $20,000 in its reserve account at the Fed, and $5,000 of currency in its vault. What is the amount of its reserves?

What will be an ideal response?

Paying into a pension fund while you are earning wages and salaries is equivalent to

a. borrowing money. b. lending money. c. withdrawing from a savings account. d. paying off debt.