Joining the Eurozone meant that countries could have unlimited budget deficits.
Answer the following statement true (T) or false (F)
False
Among member nations, there was supposed to be an obligation to limit deficits, but they were not enforced by the European Union.
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When Electronic Arts, the company behind the games Zuma and Plants vs
Zombies, sold stock to the public for the first time in September 1989, funds were being raised in a ________ market, and when those newly issued shares are resold to other buyers, the sales take place in a ________ market. A) primary; primary B) secondary; secondary C) primary; secondary D) secondary; primary
The result of British currency policy after World War I
A) left the country with painfully high interest rates and unemployment for years. B) left the country well positioned for the roaring twenties that followed. C) gave the country a tremendous advantage when the Smoot-Hawley Act was passed in the U.S. D) left the country at a tremendous disadvantage when the Smoot-Hawley Act was passed in the U.S.
If a firm is a monopsonistic hirer of labor,
a. its marginal expense for labor is greater than the market wage. b. its marginal expense for labor is equal to the market wage. c. its marginal expense for labor is less than the market wage. d. it is a price taker in the labor market.
Suppose that dental hygienists are unionized in the eastern region of the country but not in the western region. If the unionized workers in the eastern region abolished their unions, employment
a. and wages of dental hygienists in the eastern region would rise. b. of dental hygienists in the eastern region would rise, but wages of dental hygienists in the eastern region would fall. c. and wages of dental hygienists in the eastern region would fall. d. of dental hygienists in the eastern region would fall, but wages of dental hygienists in the eastern region would rise.