Minimum wage is a common example of what? A. price ceilings

B. rationing

C. price floors

D. public good

If the Fed believes the inflation rate is about to increase, it should A. Use a Contractionary fiscal policy to increase the interest rate and shift AD to left B.

The store paid $2.50 for a book and sold it for $5.25. what is the profit as a percent?

If the demand for money is low and the amount of money in the money supply is decreasing, which of the following is correct? A. Interest rates are low. B. Interest rates are high. C. The discount rate is higher than the interest rate. D.

John owns a shoe store. At the end of each month, John decides what he wants to do with the profits. What type of economic system is this? * Civics question

Pomona Corporation issued 60,000 shares of $3 par value common stock at $21 per share and 9,000 shares of $30 par value, ten percent preferred stock at $85 per share. Later, the company purchased 2,000 shares of its own common stock at $23 per share.

What explanations have economists offered for why firms don't raise prices when doing so would seem to increase profits? Firms might not raise prices when doing so might increase profits because A.

Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased ... $124,800 Direct materials used ... 74,300 Direct labor used ... 55,000 Total factory overhead ...

Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly? A. responsibly B. irresponsibly

In the month of November Marigold Corp. wrote checks in the amount of $43300. In December, checks in the amount of $59239 were written. In November, $39630 of these checks were presented to the bank for payment, and $50932 in December.

Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts in case one of them dies. Each plans to continue to work after the other one dies.