One year into the crisis, Argentina's interest payments were roughly equal to
A) 100 percent of exports.
B) 60 percent of exports.
C) 45 percent of exports.
D) 10 percent of exports.
B
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Suppose a monopoly's inverse demand curve is P = 100 -Q, it produces a product with a constant marginal cost of 20, and it has no fixed costs
Compared to the consumer surplus if the market were perfectly competitive, consumer surplus is how much less when the monopolist practices perfect price discrimination? A) 3200 B) 1600 C) 800 D) 0
Assuming that the demand and supply of a good both increased by the same amount, the new equilibrium would represent: a. an increase in price and an increase in quantity exchanged
b. no change in price and an increase in quantity exchanged. c. a decrease in price and a decrease in quantity exchanged. d. no change in price, and an indeterminate change in quantity exchanged.
China has used its current account surplus to:
A. buy stocks on the New York Stock Exchange. B. make loans to foreigners. C. buy U.S. government and agency securities. D. buy German government and agency securities.
If you watch a pay-per-view movie on a cable TV, the movie is:
A. an excludable good/service but nonrival in consumption. B. an excludable good/service and rival in consumption. C. a non-excludable good/service but rival in consumption. D. a non-excludable good/service and nonrival.