Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Because of the recent Ukraine and Russia crisis, capital is flowing into the US market, and the US short-term Treasury Bill rate surged up on
Because of the recent Ukraine and Russia crisis, capital is flowing into the US market, and the US short-term Treasury Bill rate surged up on 17 Feb., 2022. Which of the following statement must be incorrect? O A. The demand for short-term US Treasury Bill increased on 17 Feb., 2022. O B. While the demand for short-term US Treasury Bill increased and the supply of short-term US Treasury Bill decreased on 17 Feb., 2022. O C. While the demand for short-term US Treasury Bill decreased and the supply of short-term US Treasury Bill increased on 17 Feb., 2022. O D. Both the demand for short-term US Treasury Bill and the supply of short-term US Treasury Bill increased on 17 Feb., 2022. QUESTION 9 John is the owner of a factory producing solar panels in Nooneknow. The marginal cost of producing solar panels is $51, and it is a constant. The fixed cost for John's factory is $10 per day. What is the total cost of producing 10 solar panels in John's factory per day? O A. $520 O B. $510 O C. $500 O D. $610 QUESTION 10 If the demand for e-cars increases as a result of a decrease in the price of electricity, the e-cars and electricity are: O A. complementary goods. O B. normal goods. O C. substitute goods. O D. inferior goods
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started