The marginal expenditure curve of a monopsonist
A) lies above the market supply curve.
B) lies between the market demand curve and the market supply curve.
C) lies parallel to the market demand curve.
D) lies below the market supply curve.
A
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Sweep accounts
A) have made reserve requirements nonbinding for many banks. B) sweep funds out of deposit accounts into long-term securities. C) enable banks to avoid paying interest to corporate customers. D) reduce banks' assets.
Which of the following market transactions of final goods and services are excluded from the computation of U.S. GDP? a. Purchases of products such as wine, beer, hard liquor, and cigarettes. b. Secondhand transactions, such as when a used car is sold
c. New purchase that a resident of one state makes in a different state. d. Purchases of necessities such as groceries and rent.