Which of the following is not a function of the Federal​ Reserve? A. It insures​ depositors' accounts in commercial banks. B. It provides interbank check clearing services. C. It serves as a​ "lender of last​ resort" (that​ is, it provides additional liquidity to banks in times of panic or​ crises). D. It indirectly controls the Federal Funds rate to affect the business cycle and macroeconomy.

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?