The Millennium Poverty Goal is the United Nations' goal of reducing the global rate of extreme poverty to ________ percent by 2015.

Any bank that uses deposits to make loans: a. operates on a 100 percent reserve system

b. operates on a fractional reserve system. c. does not operate on a reserve system. d. does not keep reserves in its vaults. e. charges an interest rate determined by the reserve ratio.

If a firm sells 100 units of output at $15 per unit and 110 units of output when price is reduced to $12, its marginal revenue from selling the last unit is

A. $30. B. $180. C. -$30. D. -$180.