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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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
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.
Economics
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?
Economics