In which year was Ireland's debt to GDP ratio equal to Portugal's debt to GDP ratio at 100 percent?

A. 2009
B. 2010
C. 2011
D. 2008


Answer: B

Economics

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The type of monetary policy regime that the Federal Reserve has followed From the 1980s up until the time Ben Bernanke became chair of the Federal Reserve in 2006 can best be described as

A) monetary targeting. B) inflation targeting. C) policy with an implicit nominal anchor. D) exchange-rate targeting.

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Where it can function, a market for pollution rights can serve to internalize the air-pollution externality

Indicate whether the statement is true or false

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Dave and Buster play two games of tennis, and then decide to go have lunch. Using the concept of utility to explain their choices, we can conclude that:

A. they each won one game of tennis. B. the marginal utility from playing a third game must be negative for them. C. the marginal utility from playing a third game must be less than the marginal utility from having lunch. D. All of these must be true.

Economics

In the long run when average total cost does not depend on the quantity of output, this is called:

A. economies of scale. B. diseconomies of scale. C. constant economies to scale. D. minimum average total cost.

Economics