Refer to Table 17-4. What are the price and quantity of workers that result in the maximum amount of profit Apple would earn from selling iPods?

Which of the following functions does the Fed perform?

A. Printing money B. Holding bank reserves C. Providing loans to other countries D. All of the above are functions the Fed performs.

The economy of China is in transitioon. What does this mean?

a) investments are determines by state conrtol instead of by private decision b) The conomy is moving from central planning toward a market-based system c) Individual firms are in the process of being sold to the state