In the above figure, if the market is competitive and unregulated, the price will be
A) $20 per unit.
B) $15 per unit.
C) $10 per unit.
D) $5 per unit.
C
Economics
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Banks
A. have no role in the money creation process and never have. B. have no role in the money creation process, though they once did. C. create money because they take deposits and make loans. D. create money because they are the ones that print it.
Economics
Conservative economists would like to help younger workers get work experience by
A. setting up a government jobs program. B. raising the minimum wage rate. C. lowering the minimum wage rate. D. passing a law requiring employers to hire teenagers ahead of older workers who are equally qualified.
Economics