If sanctions are imposed on buyers but NOT on sellers of an illegal good, then the equilibrium price ________ and the equilibrium quantity ________
A) rises; increases
B) rises; decreases
C) falls; increases
D) falls; decreases
D
Economics
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The value of the real estate that a bank uses for its operations will be included in the bank's:
A) cash equivalents. B) reserves. C) short-term borrowing. D) long-term investments.
Economics
In the short-run, a firm's decision to shut-down should not include
a. Avoidable costs b. Variable costs c. Fixed costs d. Marginal costs
Economics
Suppose a U.S. firm purchases some English china. The china costs 1,000 British pounds. At the exchange rate of $1. 45 = 1 pound, the dollar price of the china is
A. $690. B. $250. C. $1,450. D. $2,000.
Economics
The ________ a corporation keeps to finance future expansion are known as retained earnings
A) profits B) stock C) dividends D) bonds
Economics