What is the most-used instrument for controlling week-to-week changes in the money supply?
(A) The required reserve ratio
(B) The money multiplier
(C) The discount rate
(D) Open market operations
Ans: (D) Open market operations
Economics
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All else constant, a decrease in the per unit price of labor would create an incentive for a firm manager to substitute labor for capital in the firm's production process
Indicate whether the statement is true or false
Economics
Suppose TC = 10 + (0.1 ? q2). If there are 100 identical firms in the market, the market supply curve is
A) Q = 1000 ? p. B) Q = 500 ? p. C) Q = 100 ? p. D) Q = 10.
Economics