When the United States cannot produce all of the goods and services desired by its citizens, the economy is

A) in a deep freeze.
B) inefficient.
C) in a shortage state.
D) facing scarcity.

D

Economics

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Which of the following would lead to an increase in the supply of ethnic restaurants in a college town?

A) An increase in the wages paid to restaurant workers B) An increase in the price of American chain restaurants, and consumers regard American chain restaurants and ethnic restaurants as substitutes C) An increase in the demand for ethnic restaurants D) All of the above. E) None of the above.

Economics

How is the federal funds rate determined in the market for reserves?

What will be an ideal response?

Economics