A key reason why some countries are growing very slowly is
A) they lack economic freedom.
B) there is too much competition within their economies.
C) they lack a democratic government.
D) they are too poor, so there is no saving.
E) their inflation rate is too high.
A
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Adam got a job in a multinational company. He was told during the orientation session that he will not be terminated for poor performance during the first six months of his work
Adam immediately decided to put minimum effort into the job during these months. His behavior is an example of ________. A) a positive externality B) moral hazard C) the prisoners dilemma D) the free-rider problem
From a Keynesian perspective, a short-run decrease in investment spending will shift the aggregate
A) supply curve to the left. B) supply curve to the right. C) demand curve to the left. D) demand curve to the right.
Collateral is used in all of the following credit arrangements, except
A) repurchase agreements. B) automobile loans. C) credit card lending. D) mortgage lending.
The first piece of antitrust legislation in the United States to deal with price discrimination was the:
a. Clayton Act. b. FTC Act. c. Celler-Kefauver Act. d. Robinson-Patman Act. e. Sherman Antitrust Act.