Regarding money, what matters most?
A) that is exists.
B) that its quantity is known.
C) that coins are available.
D) that its quantity is stable.
A
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Foreign portfolio investment in the United States has continually declined since 1995
Indicate whether the statement is true or false
Which of the following is NOT a common characteristic of a developing country?
A) extensive direct government control of the economy B) history of low inflation C) many weak credit institutions D) "pegged" exchange rates E) Agricultural commodities make up a large share of its exports.
All of the following are characteristics of a perfectly competitive industry EXCEPT
A. firms in the industry are price takers. B. there are a large number of buyers and sellers with only a few being able to influence the market price. C. the product sold is homogeneous. D. buyers and sellers have equal access to information.
What is the relationship between marginal revenue and average revenue for a monopolist and is it the same for a perfect competitor?
What will be an ideal response?