The Fed buys $50,000 of government securities. The desired reserve ratio is 10 percent and the currency drain ratio is zero. What will be the change in the quantity of money?

Which of the following groups of people will NOT be considered as employed?

A) Government representatives earning a fixed salary every month B) Housewives raising kids at home C) Paid workers in the agricultural sector of a country D) Teachers in public schools

The profit-maximizing output of a monopolistic competitor is determined at the point where: a. its average revenue is equal to its average cost. b. its total revenue is maximum

c. its total revenue is equal to its total cost. d. its marginal revenue is equal to its marginal cost.