The "troika" that helped Greece avoid defaulting on its debt including all of the following EXCEPT:
A) IMF
B) European Central Bank
C) World Bank
D) European Commission
C
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Ben is a chicken farmer and is in a market that has no product differentiation. We know that for Ben's firm, its demand curve is not the market demand curve
a. although both are downward sloping b. and its price is greater than its marginal revenue c. and it is a price taker d. and is not downward sloping e. and it is a price maker
According to the classical dichotomy, when the money supply doubles, which of the following also doubles?
a. the price level b. nominal wages c. nominal GDP d. All of the above are correct.
The International Monetary Fund was created to achieve each of the following goals EXCEPT
A. lend funds to countries with international payment problems. B. monitor and offer advice on the exchange rate policies of member nations. C. encourage free convertibility of the currencies of member nations. D. finance large government infrastructure projects.
Macroeconomics, as opposed to microeconomics, includes the study of what determines the
A) wages paid to employees of Walmart. B) prices charged for automobiles produced by Tesla. C) exchange rates between the U.S. dollar and the currencies of Asian nations. D) quantity of iPhones produced by Apple.