Question 34 1 pts
If a business charges a price below the equilibrium level, it will face the
problem
search costs
excess supply

elasticity
excess demand

1. the responsibilities of the u.s. federal reserve system include overseeing the banking system and regulating the quantity of money in the economy setting the level of real interest rates working with congress to devise a financial plan for the country and execute the president's orders calculating and reporting the unemployment rate 2. to increase the supply of money when the economy is weak, the fed closes banks reduces inflation sells bonds buys bonds 3. the federal funds rate is the short-term interest rate that banks charge their best customers when borrowing banks earn on savings accounts with the fed banks charge each other when borrowing or lending to each other the fed charges banks when borrowing 4. when the fed increases the money supply and consequently lowers interest rates, the value of the dollar will rise by more in the market for foreign exchange, all else equal will fall, all else equal is not impacted by fed policy will rise, all else equal

The persians landed in the plains near athens. as their army greatly outnumbered that of the greeks, the greeks hoped to find aid from nearby sparta. a long-distance runner named pheidippides was sent from athens to sparta to request , but the spartans were not able to send more soldiers at the time. regardless, the greeks were still able to win the battle. centuries later, legend developed that a runner had been sent from the battle to athens after the greek victory. after reaching athens, the runner proclaimed, "we are victorious! " and then fell to the ground and died. this legendary story is the inspiration for the modern long-distance runs that are performed today. this passage refers to the events of which battle during the persian wars? a. battle of thermopylae b. battle of salamis c. battle of plataea d. battle of marathon

In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?