A quota subscription is

A. the maximum amount of funds that can be drawn at the World Bank without a formal proposal.
B. when an investor sets limits on the proportion of their portfolio that will contain foreign investments.
C. a nation's account at the International Monetary Fund.
D. the maximum amount that a private investor can invest in foreign firms.


Answer: C

Economics

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Which of the following is a fair bet based on the toss of an unbiased coin?

A) head: receive $5, tail: lose $5 B) head: receive $2, tail: lose $3 C) head: receive $0.5, tail: lose $1 D) head: lose $3, tail: lose $3

Economics

Suppose Campus Books, a profit-maximizing firm, is the only supplier of the textbook for a given class. The marginal cost of supplying each book is constant and equal to $10, and Campus Books has no fixed costs. The table shows the reservation prices of the eight students enrolled in the class.  CustomerReservation Price($/Book)Q60R54S48T42U36V30W24X18If Campus Books is permitted to charge 2 prices, and the bookstore knows customers with a reservation price above $30 never bother with coupons, whereas those with a reservation price of $30 or less always use them, then the bookstore will set the list price of the book to be ________ and the discounted price of the book to be ________.

A. $30; $24 B. $30; $18. C. $36; $30 D. $36; $24

Economics

Answer the following statements true (T) or false (F)

1. Low birthrates in industrialized countries are a major concern for governments, reducing the number of potential soldiers and taxpayers to support social programs. 2. One of the world's greatest economic challenges over the coming decades will be to supply the resources that will be demanded, as living standards in poorer countries rise to rich- country standards. 3. Because better technology means that more output can be produced with the same amount of energy input, rising living standards in the future will not necessarily depend on using more energy. 4. Efficient energy usage in electricity generation often involves using a mix of energy inputs, some of which are much more expensive than others. 5. If per-capita energy usage has leveled off while per capita GDP has risen, then it must mean that each dollar of output produced required a larger amount of energy.

Economics

One of the reasons that Real Gross Domestic Product is not synonymous with social welfare is

A. environmental quality is ignored. B. quality has remained steady. C. things produced by people under 18 are not counted. D. people substitute between goods.

Economics