As of the end of 1994 the country in our survey with the smallest stock market in dollar terms was
A) the United States.
B) the United Kingdom.
C) Japan.
D) Germany.
D
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While waiting in line to buy two tacos at 75 cents each, and a medium drink for 80 cents, Jordan notices that the restaurant has a value meal containing three tacos and a medium drink all for $2.50. For Jordan, the marginal cost of purchasing the third taco would be
What will be an ideal response?
Empirical studies indicate that entry:
A. increases price and profits. B. decreases price, but increases profits. C. decreases price and profits. D. increases price, but decreases profits.
The purchasing power parity theory is useful in making ____ predictions about exchange rates and their fluctuations.
A. long-run B. intermediate-run C. medium-run D. short-run
Use the information provided in Table 7.1 below to answer the question(s) that follow.
Table 7.1Inputs Required to Produce a Product Using Alternative Technologies Refer to Table 7.1. Which technology is the most labor intensive?
A. A B. B C. C D. D