If aluminum producers expect aluminum prices to fall in the future, this belief shifts the current ________ curve for aluminum to the ________

A) supply; left
B) demand; left
C) demand; right
D) supply; right
E) None of the above is correct.

D

Economics

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In the market for DVDs, 500,000 DVDs a month are available. The value people place on the 500,000th DVD a month is less than the marginal social cost of producing it. Resource use ________

A) is efficient B) is inefficient C) would be more efficient if people firms would produce more DVDs D) would be more efficient if people would buy more DVDs

Economics

In the balance sheet for the FBN bank above, the entries are in millions of dollars. If the desired reserve ratio equals 10 percent, FBN Bank has excess reserves of

A) $280 million. B) $200 million. C) $360 million. D) $0.

Economics