The international unit of accounting used by the IMF is the

A) euro.
B) special financial right.
C) special drawing right.
D) dollar.


C

Economics

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In Karl Marx's view, people under the ideal state of communism would be motivated by the principle "from each according to his ability, to each according to his enterprise."

a. True b. False Indicate whether the statement is true or false

Economics

Of the following, which is true of the relationship between the quantity of a good supplied and its price?

a. As price increases, the quantity supplied usually decreases. b. As price increases, the quantity supplied usually increases. c. As price increases, supply increases. d. When demand increases, so will supply. e. They always meet at the point of equilibrium in the market.

Economics

Which of the following is an example of a participant in the financial sector?

A) commercial banks B) investment banks C) hedge funds D) brokerage firms E) all of the above

Economics

A consumer is buying the optimal amount of goods when

A) the total utility from the purchases on all the goods purchased is the same. B) the marginal utility from the purchases of all the goods purchased is the same. C) the marginal utility per last dollar spent on all of the goods purchased is the same. D) the marginal utility from the purchases of all the goods is equal to 1.

Economics