When Kim in Korea buys stock in GE (General Electric), NCO:
A. decreases.
B. is unaffected.
C. increases.
D. is zero.
A. decreases.
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In response to an unanticipated easing of monetary policy, output ________ at first, then ________ after about four months
A) rises; returns most of the way to its original value B) falls; returns most of the way to its original value C) remains roughly unchanged; rises significantly D) remains roughly unchanged; falls significantly
Entrepreneurs are vitally important for economic progress because they
What will be an ideal response?
If consumers expect that the price of pretzels will decrease next week, what would happen today?
A) Demand today for pretzels would decrease. B) Demand today for pretzels would increase. C) Demand today for pretzels would be unaffected. D) Supply today of pretzels would decrease.
The tasks performed by the chef at your favorite restaurant could be categorized as
A. an economic good. B. a good. C. a service or intangible good. D. All of these are correct.