Which statement best completes the following sentence; "The U.S. dollar is to the fifty states as the euro is to…"?
A. The National Central Banks
B. The European System of Central Banks
C. The European Central Bank
D. The states of the European Monetary Union
Answer: D
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Regarding the privilege of incorporation (the right to organize an enterprise in the corporate form), all of the following are true except
(a) It gives a business firm limited liability, perpetual life and the rights of a citizen. (b) It is not provided for directly by the Constitution because, apart from state governments, the Constitution made no provisions for groups. (c) It is provided for at all levels of government—federal, state and local. (d) There is no "except"; all of the above are true.
Among the advantages of the ________ technique of forecasting are ease of calculation, relatively little requirement for analytical skills, and the ability to provide the analyst with information regarding the statistical significance of results and
the size of statistical errors. A) least-squares trend analysis B) compound growth rate C) visual trend-fitting D) expert opinion
A government agricultural policy in which a guaranteed price is set and no surplus is created is the
A) marketing quota system. B) acreage allotment program. C) price support program. D) target price system.
Refer to the information provided in Figure 2.1 below for the economy of Macroland to answer the question(s) that follow.
Figure 2.1Refer to Figure 2.1. The shape of Macroland's production possibility frontier shows
A. random opportunity costs. B. constant opportunity costs. C. decreasing opportunity costs. D. increasing opportunity costs.