How does the ECB choose to define price stability?
A) Eurozone consumer price inflation of less than but close to 2% per year over the medium term
B) consumer price inflation of greater than but close to 3% per year over the medium term in all Eurozone countries
C) Eurozone consumer price inflation equal to 0% per year over the medium term
D) Eurozone consumer price inflation less than but close to 5% per year over the medium term
Ans: A) Eurozone consumer price inflation of less than but close to 2% per year over the medium term
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The payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital. 
An industry spy from firm A comes to firm B and offers to pay B in exchange for B's certain and enforceable promise to not invest. What is the most that firm A will be willing to pay B to not invest?
A. $35 million. B. $20 million. C. $30 million. D. $50 million.
Consumption expenditures in the U.S. usually account for approximately __________ percent of GDP
A) 40 B) 50 C) 60 D) 70 E) 80
Refer to the following graph. The price of capital (r) is $20.
What combination of K and L should the firm choose to produce 14,000 units of output at the lowest cost?
A. 180K, 0L B. 180K, 120L C. 60K, 120L D. 90K, 60L E. none of the above
Market power is the power to:
A. control prices. B. gain another firm's customers. C. reduce price below cost to deter entry. D. control output.