Relative to private firms, we should expect public bureaus to be
a. smaller
b. more cost-efficient
c. less responsive to consumer demand
d. more concerned with adopting new technologies
e. more in tune with consumer desires
C
Economics
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The demand for labor curve is derived from the:
A) total product of labor. B) supply curve for labor. C) average product of labor. D) value of marginal product of labor.
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In utilizing unconventional monetary policy in 2010, the Federal Reserve purchased
a. real estate worth more than $2 trillion. b. $800 billion in Treasury bills. c. over $1 trillion in mortgage backed securities. d. $600 billion in long-term Treasury bonds.
Economics