These packets are filled with concentrated, toxic chemicals. A 7-month-old in Florida died from swallowing the soap. Several soap and detergent companies are conducting studies to address these safety concerns; they want to reduce toxicity and to make the packets look less like candy. The U. S. Consumer Product Safety Commission (CPSC) is also performing studies to build more safety into these products. Why would the CPSC perform studies when other soap and detergent companies have already conducted research on the same products?

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided