A movement along the demand curve might be caused by a change in
a. income.
b. the prices of substitutes or complements.
c. expectations about future prices.
d. the price of the good or service that is being demanded.
d
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The growth of clothing exports originating in Bangladesh is the result of the
A) high productivity of workers in Bangladesh. B) low wages in Bangladesh. C) low productivity of workers in other countries. D) low productivity of workers in Bangladesh in industries other than those that produce clothing for export. E) high wages in other countries.
Which central bank gained the power to set interest rates independent of the government in the late 1990s?
A) Bank of England B) Bank of Canada C) Bank of China D) Federal Reserve Board
Information asymmetry means: 0-
A. people have good enough information to make acceptable choices, but not complete information. B. complete information is not possible to obtain. C. the lack of information in a market prevents it from existing. D. a situation in which one person knows more than another.
The antitrust legislation that was designed to help small stores survive competition with large retail chains was the:
a. FTC Act. b. Sherman Antitrust Act. c. Celler-Kefauver Act. d. Robinson-Patman Act. e. Clayton Act.