During which of the following decades has the output ratio been staying closest to zero?
A) 1960s
B) 1970s
C) 1980s
D) 1990s
D
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What are checkable deposits?
If the price of a CD is equal to the equilibrium price, there will be ________ of CDs and the price will ________
A) surplus; rise B) surplus; fall C) shortage; fall D) neither a shortage nor surplus; not change
Analysts that favor a fast transition to market economies argue that China's success with a gradual transition is a special case because
A) its trade flows were relatively large. B) so much of its labor force was in agriculture. C) heavy industry already had a strong foothold when the transition began. D) its coastal areas were already relatively well developed. E) its labor force was relatively well educated.
Referring to Figure 34.2, the price that this promoter will choose will Figure 34.2
A. be where the demand curve crosses the marginal cost curve. B. sell out the facility and will be where the demand curve crosses the marginal cost curve. C. sell out the facility. D. be such that there are many empty seats.