Which of the following countries does NOT use the euro?
A) Estonia
B) Belgium
C) Finland
D) United Kingdom
D
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If the nominal interest rate is 5.6% and inflation rate is 2.4%, the real interest rate is ________
A) 4% B) 3.2% C) 6.4% D) 8%
In the above figure, Jack's opportunity cost of producing 1 gallon of soda is ________ of bottled water
A) 2 gallons B) 1/2 of a gallon C) 6 gallons D) 1 gallon E) 1/4 of a gallon
Pricing can be
A) in the form of a markup. B) can be based on peak loads. C) a barrier to entry. D) all of these choices.
One of the results of the knowledge economy
A) is that content matters. B) is that the information content of a good can be distinguished from the physical product. C) is that the information content of a good cannot be distinguished from the physical product. D) is that the physical features of the product has become more important.