An important function of international institutions during times of crisis is to
A) make goods nonrival.
B) make goods nonexcludable.
C) prevent free riding.
D) prevent nondiscrimination.
E) encourage free riding.
C
Economics
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Demand is said to have unit elasticity if the price elasticity of demand is
a. less than 1. b. greater than 1. c. equal to 1. d. equal to 0.
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During a recession, the actual rate of unemployment will be
What will be an ideal response?
Economics
Macroeconomics is the study of:
What will be an ideal response?
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The imposition of a quota on an imported good
A) shifts the demand curve down for the good. B) shifts the supply curve up for the good. C) Both A and B. D) Not enough information to determine.
Economics