____________ also known as cash cards are computerized banking transactions where money is removed directly from your account

At a price of $4 in the above figure

A) the equilibrium quantity is 400 units. B) there is a surplus of 200 units. C) the quantity supplied is 400 units. D) there is a shortage of 200 units.

The nominal value of GDP is:

a. expressed in monetary values adjusted for inflation b. expressed in monetary values that are not adjusted for inflation. c. expressed in numeric values that does not correlate to a monetary term. d. expressed as a ratio between the value of consumption expenditure and the value of investment expenditure.

Import substitution industrialization in Latin America

A) relied on increased exports. B) provided subsidies for exports. C) shifted the bulk of exports away from primary commodities. D) created disincentives to export.

To induce an increase in the quantity demanded of its product, a monopolist must reduce the

A. quality of its product and thereby generate a downward shift its ATC curve. B. price of its product and thereby generate a rightward movement along its demand curve. C. price of its product and thereby generate a rightward shift in its demand curve. D. quality of its product and thereby generate a downward movement along its ATC curve.