Refer to the diagram and assume the economy is operating at equilibrium point w. If wages and other resource prices are flexible downward, in the long run a decrease in the price level from P 2 to P 1 would move the economy from point w to point:

A matched sale-purchase transaction is also known as a

A) reverse repo. B) discount loan. C) put option. D) federal funds loan.

A cost center is

a. evaluated based on minimizing costs within the division b. evaluated based on maximizing costs within the division c. evaluated based on minimizing profits generated by the division d. evaluated based on maximizing profits generated by the division