The root cause of the hyperinflation that plagued Zimbabwe in the 2000s is ________
A) printing of too much money by the central bank
B) government expenditures greatly above revenues
C) outlawing of price increases on many commodities
D) allowing the use of foreign currencies
E) the issuance of a $100 billion bank note
B
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In the United States today, economists estimate that the natural rate of unemployment is between ________ and ________ percent
A) 3; 5.5 B) 3; 4 C) 6.5; 7.5 D) 5; 6.5
If two goods are perfect complements, the shapes of the indifference curves are
A) bowed toward the origin. B) bowed away from the origin. C) straight lines. D) right-angled lines.
What would happen to the quantity of human organs supplied if the restriction on selling organs were lifted?
a. It would remain unchanged. b. It would increase. c. It would decrease. d. It would decrease to zero.
The concept of the "relevant" market was important in which of the following cases?
A. Standard Oil case of 1911 B. DuPont case of 1956 C. IBM case, which was terminated in 1982 D. U.S. Steel case of 1920