Which of the following elements of GDP were affected by the financial crisis and the lack of available credit?
A. Consumption and business investment only
B. Consumption and government spending only
C. Consumption, business investment, and government spending only
D. Consumption, business investment, government spending, and imports/exports
Answer: D
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Refer to the table above. Which country is likely to have the highest percentage of children between 7 and 14 who are working?
A) Country A B) Country B C) Country C D) Country D
Which of the following was designed to head off panics among market participants and forestall crashes like the ones in October 1929 and October 1987?
A. Program trading B. Circuit breakers C. Derivatives D. Volatility index
The Federal Open Market Committee includes:
A. the Board of Governors. B. the Secretary of State. C. all regional bank presidents. D. the Chairman of the Treasury.
The duopoly price strategy provides ________ incentive to maintain cartel pricing as compared to the grim-trigger strategy.
A. a greater B. less of an C. the same D. The answer depends on the firms' average cost curves.