Everything else held constant, in the market for reserves, when the federal funds rate is 1%, increasing the interest rate paid on excess reserves from 1% to 2%

A snowmobile rental shop asked its best customer how often he would rent at various rates. Which of the following will show the data on a graph?

a. individual demand schedule b. market demand schedule c. individual demand curve d. market demand curve

The owner of a garage makes large contributions to a politician who is seeking the office of state governor. If his candidate wins, he will get the contract, which now resides with a competitor, to repair State Police vehicles. This is an example of

a. moral hazard. b. externality. c. rent seeking. d. investment.