Which of the following is NOT part of the European Union?
A) Luxembourg
B) Austria
C) Portugal
D) Greece
E) Switzerland
E
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Residential investment plunged quite noticeably ________ the start of the 1973-1975 and 1981-1982 recessions, with the prospect that recent financial deregulation would make it ________ sensitive to future changes in monetary policy
A) after, more B) after, less C) before, more D) before, less
When positive externalities exist, markets tend to overproduce
a. True b. False Indicate whether the statement is true or false
The chemical industry has a Lerner index of 0.67. Based on this information, a firm with marginal cost of $10 should charge a price of:
A. $30.30. B. $14.93. C. $3.30. D. $6.70.
A primary goal of the International Monetary Fund (IMF) is to:
A. protect the interests of the United States abroad. B. negotiate trade agreements between nations. C. promote economic negotiations and cooperation among industrialized countries. D. work out repayment plans for developing countries with large international debts.