If people thought that many banks in a certain country were at or near the point of bankruptcy, then that country's interest rate

a. and net exports would rise.
b. would rise and its net exports would fall.
c. would fall and its net exports would rise.
d. and its net exports would fall.


a

Economics

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Lee and Cody are playing a game in which Lee has the first move at A in the decision tree shown below. Once Lee has chosen either aggression or cooperation, Cody, who can see what Lee has chosen, must choose either aggression or cooperation at B or C. Both players know the payoffs at the end of each branch. Suppose Lee and Cody enter into a binding non-aggression agreement. As part of that agreement, they negotiate a fine that Cody would have to pay to Lee if Cody chooses aggression after Lee chooses cooperation. For the fine to be effective, it would have to be:

A. less than 15. B. equal to 40. C. equal to 25. D. at least 15.

Economics

The above figure shows the market for hamburger. Which figure shows the effect of an announcement by the U.S. Food and Drug Administration (FDA)that eating hamburger causes early death?

A) Figure A B) Figure B C) Figure C D) Figure D

Economics

In the above figure, the price elasticity of supply at any given quantity is

A) highest along S1, next highest along S2, and lowest along S3. B) highest along S3, next highest along S2, and lowest along S1. C) equal to zero on each of the three supply curves. D) equal to one on each of the three supply curves.

Economics

Refer to Table 19-6. Consider the table of production and price statistics for a small economy in 2013. If the economy only produces the four goods listed below, what is GDP for 2013?

A) $428,000 B) $267,000 C) $24,000 D) $1,424

Economics