All of the following are preconditions for economic growth EXCEPT
i. property rights.
ii. democracy.
iii. free markets.
A) i only B) ii only C) iii only D) Both i and ii E) i, ii, and iii
B
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If the quantity of tacos demanded is represented by the equation QD = 20 - 0.5P then the corresponding price of tacos is represented by the equation
A) P = 10 - 2QD. B) P = 40 - 2QD. C) P = 0.5QD + 10. D) P = QD + 40.
Supplier power tends to be low when
a. The supplier provides non-critical inputs b. The supplier provides homogenous inputs c. Both A&B d. None of the above
The Board of Governors of the Federal Reserve System can increase commercial bank reserves by:
A. Increasing the discount rate B. Increasing the reserve ratio C. Increasing the size of its term auction facility D. Selling government securities in the open market
The slope of a line parallel to the vertical axis is
What will be an ideal response?