Author Question: Recall from Chapter 5: interest rates in the free market (without artificial lowering by the Fed) ... (Read 38 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
Recall from Chapter 5: interest rates in the free market (without artificial lowering by the Fed) are largely determined by
 
  A) Congress.
  B) arbitrary bank lending practices.
  C) household saving and consumption preferences.
  D) tax revenues and lobbying demands.

Question 2

If the marginal cost of a monopolist exceeds its marginal revenue, ________.
 
  A) additional production reduces profits
  B) additional production enhances profits
  C) the difference between its marginal revenue curve and demand curve is at the highest
  D) the difference between its marginal revenue curve and demand curve is at the lowest



pikon

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library