Which of the following countries, or groups of countries, has grown at the fastest rate in the last ten years?
A. The United States
B. Eastern Europe
C. China
D. Western Europe
Answer: C
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The manager of View Your World, a high-end window manufacturer, notices that the cost to purchase glass for their windows in the spot market has fallen. As a result of the change, which of the following is true?
A) The manager has less of an incentive to integrate backward. B) The manager has less of an incentive to integrate forward. C) The manager has more of an incentive to integrate forward. D) The manager has more of an incentive to integrate backward.
The quantity of funds supplied by lenders is: a. directly related to the rate of interest
b. inversely related to the rate of interest. c. unrelated to the rate of interest. d. first increases and then decreases with the rate of interest.
Which of the following is most likely to increase a federal budget surplus?
A. A lower inflation rate and a lower unemployment rate. B. A higher inflation rate and a higher unemployment rate. C. A lower inflation rate and a higher unemployment rate. D. A higher inflation rate and a lower unemployment rate.
In the short run the individual competitive firm's supply curve is the segment of the:
A. marginal cost curve lying between the average total cost and average variable cost curves. B. average variable cost curve lying below the marginal cost curve. C. marginal cost curve lying above the average variable cost curve. D. marginal revenue curve lying below the demand curve.