________: a primary purpose of the International Monetary Fund
Fill in the blank(s) with correct word
Exchange rate stability
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Incentives
A) are always used to encourage particular behaviors. B) are always used to discourage particular behaviors. C) can be used to either encourage or discourage particular behaviors. D) are never used to encourage or discourage particular behaviors.
As the interest rate increases, the present value of a future payment
A) increases. B) decreases. C) does not change. D) approaches infinity.
Refer to the figure at right. What can we say about economic? rent?
A. Economic rent equals the area HJKO B. Economic rent equals the area HJI C. Economic rent equals the area IJK0 D. There is no economic rent represented in the figure
In the case of a positive externality, in order to achieve efficiency the government must set the _________________ equal to the marginal ____________________
A) tax; external costs B) tax; external benefits C) subsidy; external costs D) subsidy; external benefits E) subsidy; private costs