The tightening of credit standards after the Great Recession
A. was more than countered by an opposite trend in regulation, so growth was robust.
B. should have been a source of growth but wasn't.
C. was a significant reason behind the slowing of economic growth during that period.
D. was entirely countered by an opposite trend in regulation, so it was nearly zero.
Answer: C
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Most economists generally argue ________ trying to block technological advances because these technological advances ________.
A. in favor of; increase wage inequality B. against; are necessary for improved standards of living C. in favor of; cause the economy to grow to rapidly D. against; promote wage equality
A good salesperson can sell $200,000 worth of goods, while a poor one can sell only a smaller amount worth of goods. Job applicants know if they are good or bad, but the firm does not
A firm will offer job applicants a choice between a fixed salary of $20,000 or a 20% commission. Assume risk-neutral salespersons and no opportunistic behavior. Given that the firm wants to distinguish a prospective good salesperson from a poor one, what should be the sales amount of a poor salesperson? A) more than $150,000 B) less than $100,000 C) more than $100,000 D) $100,000
A country has a comparative advantage in the production of DVD players if it can produce DVD players at a lower opportunity cost than others
a. True b. False Indicate whether the statement is true or false
Leverage refers to:
a. an IPO b. Secondary offering c. the ratio of debt to equity d. The derivatives market e. All of the above