Financial markets do NOT include which of the following?
A. Government regulatory agencies
B. Banks
C. Stock markets
D. Nonprofit organizations
Answer: D
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Compared to the central bank response to the financial crisis in 2007-2009, the response to the Great Depression of the 1930s may be characterized as ________, while the response of Japan's central bank to the banking crisis in the early 1990s merits
the label ________. A) hasty; sluggish B) intrusive; tenacious C) complacent; indulgent D) corrupt; technocratic
. The quantity at which quantity demanded and quantity supplied are equal for a certain price level is known as
a. equilibrium price. b. equilibrium quantity. c. equilibrium rate. d. equilibrium level.
The United States typically has a merchandise ______ and a service ______.
A. deficit; deficit B. surplus; surplus C. deficit; surplus D. surplus; deficit
The main source of diseconomies of scale is
A) dimensional factors associated with many physical relationships. B) specialization of labor. C) limits to the efficient functioning of management. D) improvements in production technology.