Entrepreneurs reveal
A) things that the market knew.
B) things that the market did not know.
C) things that the government knew.
D) things that were previously known.
B
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An inward shift of the demand curve for a product causes outward shifts in the demand curves for all the factors used to produce the product
a. True b. False Indicate whether the statement is true or false
The central feature of the Bretton Woods system was
A. the use of an adjustable pegged exchange-rate regime. B. official encouragement for one-way speculative gambles. C. a prohibition against the use of exchange controls. D. the use of a floating exchange-rate regime.
When considering the demand for money curve, the interest rate
A. varies negatively with the transactions demand for money. B. is independent of the opportunity cost of money. C. will have a positive relationship with the quantity of money demanded. D. is the price of holding money.
Which agreement removes customs and passport controls at the common borders of many EU countries?
What will be an ideal response?