Refer to the scenario above. If both firms operate without government intervention:
A) total costs are maximized.
B) total profits are maximized.
C) marginal revenues of both the firms are maximized.
D) marginal revenues of both the firms are minimized.
B
Economics
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The federal funds market refers to the market where:
A) the Fed obtains loans of reserves from central banks of other nations. B) the federal government borrows overnight funds from the Fed. C) banks obtain loans of reserves from each other. D) there are no predetermined rates of interest on loans and the highest bidding borrower gets the loan.
Economics
Which of the following is not a lagging indicator?
A. duration of unemployment B. stock prices C. outstanding commercial and industrial loans D. prime rate
Economics