Which of the following is the term used to describe a failing bank selling off a substantial amount of assets in a short time period in order to remain solvent?
a. fire sale
b. short sale
c. long sale
d. liquidity sale
a
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The current break-even quantity is
a. 3000 b. 600 c. 500 d. 300
Among the most important demand side factors explaining homes prices would be the
A. average wage paid to carpenters. B. cost of lumber. C. number of homebuilders. D. income of potential homebuyers.
U.S. imports involve an:
A. outflow of foreign currency from the United States to foreigners. B. outflow of dollars from the United States to foreigners. C. inflow of foreign currency from foreigners to the U.S. economy. D. inflow of dollars from foreigners to the U.S. economy.
The graph shown best represents:
A. a non-binding price ceiling.
B. a non-binding price floor.
C. a missing market.
D. a market for an inferior good.