Higher interest rates in Iceland and the Baltic states in 2008-2009 were necessary to protect the value of their currencies against capital flight
a. True
b. False
Indicate whether the statement is true or false
True
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Suppose the following information describes the economy:Consumption3000Government Budget surplus500Government transfers and interest payments750Government tax collections1,750GDP6,000Private saving equals ____and national saving equals ________.
A. 3,000; 3,500 B. 1,500; 2,500 C. 2,000; 2,500 D. 1,250; 1,750
How are depletion and pollution mirror images of the same problem?
What will be an ideal response?
A merger between two firms with unrelated products is a
A. vertical merger. B. conglomerate merger. C. horizontal merger. D. monopoly merger.
Refer to the information provided in Figure 6.5 below to answer the question(s) that follow.
Figure 6.5Refer to Figure 6.5. Molly's budget constraint is BD. Molly's income is $400, the price of a DVD is $15 and the price of a CD is $20. At point B she is buying ________ DVDs and ________ CDs.
A. 40; 30 B. 20; 0 C. 20; 15 D. 0; 20