Greater availability of lower-cost drugs will tend to shift the ________ curve for medical services to the ________
A) demand; right B) supply; left C) supply; right D) demand; left
C
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Refer to the following graphs to answer the question below.
In which graph would the indicated shifts cause equilibrium quantity to definitely rise, but the effect on price is indeterminate?
A. graph (1) B. graph (2) C. graph (3) D. graph (4)
The rate of return on bonds is lower than on stocks over time because
A) bond holders cannot diversify. B) bonds have a lower standard deviation in returns. C) stocks have less non-diversifiable risks than bonds. D) bonds are subject to more random risks than stocks.
The four main components of the current account are:
a. services, financial assets, unilateral transfers, and debits. b. net exports, unilateral transfers, services, and domestic bank deposits abroad. c. government asset holdings abroad, foreign official assets, private bank deposits abroad, and merchandise. d. unilateral transfers, merchandise, services, and investment income. e. capital exports, services, merchandise, and royalties.
Generally, which of the following is the most common reason why countries that experienced a financial crisis could not maintain their fixed exchange rate?
a. They were exporting too many commodities. b. The rates they had established were not in accordance with directives from the IMF. c. The exchange rate parities established were inconsistent with their corresponding macroeconomic policies. d. The general public refused to participate. e. The parities established made their currencies undervalued.