If there were no usury law, the quantity of money borrowed would be $_____ billion.
A. 175
B. 200
C. 250
D. 300
C. 250
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The shift toward more open, integrated economies that participate in foreign trade and investment is referred to as:
A) protectionism. B) fair trade promotion. C) globalization. D) traditionalism.
Women in the workplace seem to be narrowing the wage gap with males. What might be the cause of this shift during the past 25 years?
Which of the following is true of the crises witnessed by the southeast Asian countries in the 1990s?
a. The crises were sparked by the conversion from a fixed exchange rate regime to a flexible exchange rate regime. b. The crises occurred because among all countries, Malaysia owed the maximum short-term debt to foreigners. c. The consumption of petroleum products grew at an uncontrolled rate in Indonesia. d. Indonesia was the only country that owed a substantial long-term debt to the US. e. The stock prices dropped by 26 percent in Korea and by 57 percent in Malaysia.
If firms believe that business is expanding, then at any given wage they will desire to hire a _________ quantity of labor, and the labor demand curve shifts to the _____.
a. greater; left b. greater; right c. lower; left d. lower; right