Most economies in the world are
a. traditional.
b. market.
c. command.
d. mixed.
d. mixed.
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Refer to Figure 10.7. A movement from point B to point D could be caused by
A) an increase in the target interest rate. B) an increase in consumer confidence. C) an increase in the term structure effect. D) a decrease in the expected rate of inflation.
We have a stock selling for $90.00. There is a put option for this stock with a strike price of $85 and an option price of $1.20:
A. you cannot determine the intrinsic value or time value of the option since the strike price is less than the underlying asset price. B. the intrinsic value of this option is -$5.00 and the time value of the option is $1.20. C. the intrinsic value of this option is $0.00 and the time value of the option is $1.20. D. the intrinsic value of this option is $90.00 and the time value of the option is $1.20.
Governments can increase the consumption of a product that helps in reducing negative externalities by
A) subsidizing the purchase of the product. B) taxing the consumption of the product. C) assigning property rights to the producer of the product. D) taxing the production of the product.
If the MPC = 1.0, then MPS must be _____ and the income multiplier is
a. 0; infinite b. 0; 0 c. 10; 10 d. 100; 0 e. 1; 10