If a seller's marginal cost is $25, and the price at which the good is sold is $15, the producer surplus is ________
A) -$10
B) $10
C) $15
D) $25
A
Economics
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The Central Bank of Baltonia decided to lower the interest rate that banks use to make loans to each other when the growth rate of Baltonia's output fell. What will be the effect of this policy on Baltonia's economy?
What will be an ideal response?
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Which of the following represented the largest liability on the balance sheet of U.S. commercial banks in 2012?
A) checkable deposits B) loans C) nontransaction deposits D) borrowings
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