Credit cards
What will be an ideal response?
make it easy for people to run up sizeable debt.
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The account that records the receipts from the exports of goods and services sold abroad, the payments for imports of goods and services from abroad, net interest income paid abroad, and net transfers is the ________
A) current account B) official settlements account C) international capital account D) capital and financial account
A nominal anchor helps policy makers to avoid ________
A) adaptive expectations B) constrained discretion C) negative demand shocks D) the time-inconsistency problem
In a perfectly competitive market the term "price taker" applies to
A) sellers and buyers. B) sellers but not buyers. C) buyers but not sellers. D) only the smallest sellers and buyers.
In the above table, the marginal cost of the ninth unit is
A. $5.00. B. $7.00. C. $6.00. D. $4.00.