Given the graph shown, the quantity that would be associated with the price of $1 in a supply table would be:
A. 3.
B. 2.
C. 1.
D. 0.
Answer: D
Economics
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When investment banks buy or sell securities on their own account, it's called
A) financial engineering. B) proprietary trading. C) underwriting. D) factoring.
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Other things equal, in the short run a lower price level leads households to
a. increase consumption and firms to buy more capital goods. b. increase consumption and firms to buy fewer capital goods. c. decrease consumption and firms to buy more capital goods. d. decrease consumption and firms to buy fewer capital goods.
Economics