Which of the following is NOT a source of international law?
a. the International Criminal Court
b. the EU's Council and Parliament
c. the International Court of Justice
d. the United Nations General Assembly
d. the United Nations General Assembly
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A rise in six-month LIBOR is good news to __________ in a swap contract
A) the fixed-rate payer B) the floating-rate payer C) both payers D) neither payer
The vertical and horizontal axes intercepts of the budget line represent the:
a. quantity of goods that will be purchase if only that good is purchased. b. preference of one good compared to another good. c. quantity of each good that is outside the consumer's income. d. only two choices that will spend the entire budget.
If the marginal propensity to consume (MPC) is 0.75, and if the goal is to increase real GDP by $400 million, then by how much would government spending have to change to generate this increase in real GDP?
a. $140 million. b. $100 million. c. $200 million. d. $400 million.
Give an example of a product that would have a small price elasticity of supply, and explain why
What will be an ideal response?