Government rules and regulations can
A) never enhance trade
B) add information to an efficient market
C) enhance trade
D) all of these choices
C
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If a person withdraws $500 from his/her checking account and holds it as currency, then M1 will ________ and M2 will ________
A) not change; increase B) not change; not change C) decrease; increase D) increase; decrease E) decrease: decrease
Based on the information above, video games have
a. A unit elastic demand curve b. A inelastic demand curve c. A elastic demand curve d. A perfectly elastic demand curve
A Lorenz curve is a geometric representation of the:
A. behavior of income over time. B. level of income earned by a given family in a given country at a given time. C. behavior of income across countries. D. share distribution of income among families in a given country at a given time.
According to the text, is there any relationship between bureaucratic inefficiency and economic growth?
A. No. Some nations' economies grow rapidly despite their inefficient governments while others collapse with inefficient governments. B. Yes, bureaucratic inefficiency and economic growth are inversely related. C. Yes, but only in the most economically developed nations. D. Yes, bureaucratic inefficiency and economic growth are positively related.