What is the largest center for currency trading?
What will be an ideal response?
London
You might also like to view...
A president of the United States promises to produce more defense goods without any decreases in the production of other goods. This promise can be valid
A) if the United States is producing at a point on its production possibilities frontier. B) if the United States is producing at a point inside its production possibilities frontier. C) if the United States is producing at a point beyond its production possibilities frontier. D) only if the production possibilities frontier shifts rightward.
In the above figure, the vertical distance between the ATC and AVC curves is
A) the marginal cost. B) the total cost. C) the average fixed costs. D) None of the above answers is correct.
Marginal cost tells us the
a. value of all resources used in a production process. b. marginal increment to profitability when price is constant. c. amount by which total cost rises when output is increased by one unit. d. amount by which output rises when labor is increased by one unit.
On the surface, Usury laws are designed to protect consumers from exorbitant interest rates.
Answer the following statement true (T) or false (F)