This agency acts like an international lender of last resort to cope with financial instability

A) World Bank
B) European Central Bank
C) IMF
D) International Bank for Reconstruction and Development


C

Economics

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Economic freedom

A) is harmed by having too many property rights. B) is created when the nation imposes many regulations on businesses. C) is founded, in part, on the rule of law. D) is not important for nations to grow. E) must come from a democratic government.

Economics

Refer to Table 6-3. Over what range of prices is the demand elastic?

A) between $8 and $16 B) between $14 and $16 C) over the entire range of prices D) between $2 and $8

Economics

Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms have a constant marginal cost of 10

If firm 1 is a Stackelberg leader and firm 2's best response function is q2 = (100 – q1)/2, at the Nash-Stackelberg equilibrium firm 1's output is A) 30. B) 40. C) 60. D) 70.

Economics

If a tax rate falls as a person's income rises, the tax is a:

a. proportional tax. b. progressive tax. c. regressive tax. d. poll tax. e. constant tax.

Economics