During the 2008 crisis, the Fed demanded interest payments on reserves held at the Fed

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The total value of inputs used in the production of 100,000 units of a good manufactured in a country is $150,000. Assume that the country produces only this good and each unit of the good sells for $10

What is the gross domestic product of the country? A) $1,000,000 B) $250,000 C) $150,000 D) $1,150,000

Economics

One of the fundamental problems a cartel faces is

A. to determine how much each producer will lower its profit. B. to determine how much each producer will increase its output. C. to determine how much each producer will decrease its output. D. to determine how much each producer will lower it price.

Economics