Of the curves displayed in the graph shown, what does curve B most likely represent?
A. Average variable cost
B. Marginal cost
C. Average fixed cost
D. Average total cost
Answer: D
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Most developing countries have tried to
A) liberalize capital movement. B) control capital movements. C) Hard to tell from the data. D) in the 1960s and 1970s control, now to liberalize. E) in the 1960s and 1970s liberalize, now to control.
A bank's net interest margin can be adversely affected by all of the following except
A) credit risk. B) interest rate risk. C) leverage risk. D) stock market risk.
If the interest rate on a U.S. one-year bond is 1%, the interest rate on a Mexican one-year bond is 5%, and investors expect the dollar to appreciate by 1% versus the peso, what is the currency premium for U.S. investors to hold Mexican pesos?
A) -3% B) 3% C) 4% D) 7%
When inflation rises people will
a. demand more money so the price level rises. b. demand more money so the price level falls. c. demand less money so the price level rises. d. demand less money so the price level falls.