The reason computers have not yet replaced trading floors can be attributed to
A) lack of sellers.
B) lack of buyers.
C) lack of liquidity.
D) lack of technology.
C
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cyclical unemployment is best defined as
a. deviation of unemployment from the natural rate b. unemployment dued to individuals searching for new jobs c. chronic unemployment dued to wages not balancing with goods and services d. unemployment associated with inefficiency in capital markets e. unemployment resulting from people who don't wish to work.
If you are an authoritarian, you ascribe to
a. theory x b. theory y c. theory xy d. management theory
If the price of a good rises by 10% and the percentage decrease in the total amount consumers spend on the good is 5%, then the good is
A. inelastic. B. elastic. C. unit elastic. D. perfectly inelastic.
In 2010, the deficit-to-GDP ratio for the United States was approximately equal to
A) 10%. B) 17%. C) 37%. D) 67%.