Exchanges of stocks take place
A) in New York City only.
B) in the principle financial city of each country, such as New York City for the United States and London for England.
C) in a decentralized fashion around the world.
D) in centralized physical locations known as stock exchanges and online through Internet brokers.
D
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During a(n) ________ many firms experience reduced profits, which reduces ________ and investment spending
A) recession; government spending B) recession; cash flow C) expansion; cash flow D) expansion; business confidence
Why might an amusement park switch from charging admission to the park and charging for the rides to charging for admission but not charging for the rides?
What will be an ideal response?
If the MPC is 0.8, then the MPS is
A) 0.2. B) 1. C) 5. D) 8.
Scarcity means that: a. resources are unlimited
b. human wants are limited. c. limited resources cannot satisfy all of our unlimited human wants. d. choices are unnecessary.