Which of the following is a role of financial institutions?
a) Increasing product demand.
b) Diversifying assets to reduce risk.
c) Establishing marginal tax rates.
d) Controlling inflation.
Ans: b) Diversifying assets to reduce risk.
Economics
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Refer to the figure above. What is the consumer surplus before Barylia opens up to free trade?
A) $250 B) $300 C) $350 D) $400
Economics
A price ceiling can result in which of the following?
A) inefficiency B) black markets C) increased search activities D) All of the above answers are correct.
Economics
Review the following statement. "He who has choice has pain." What is meant by this?
What will be an ideal response?
Economics
What type of economics would most typically deal with aggregates?
A) macroeconomics B) microeconomics C) labor economics D) environmental economics
Economics