When you buy newly-issued shares of Snap stock, this transaction takes place in the
A) primary market.
B) bond market.
C) secondary market.
D) bear market.
Answer: A
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The average level of effective protection has exceeded 300% for which of the following countries?
(a) Pakistan and Uruguay. (b) Argentina and Brazil. (c) Philippines and Mexico. (d) India and China.
Which of the following most clearly states the "paradox of thrift"?
a. If households simultaneously attempt to increase their savings, the result may be a reduction in demand, output, and total savings. b. A strong, healthy economy can be achieved if most households are heavily in debt. c. A high savings rate will provide the funds for investment, which is a driving force of long-term economic growth. d. A reduction in savings and an increase in consumption will expand output and employment.
If a firm observes that the price of its product is above average variable cost, it would choose to continue to produce the good in the short run, even if that firm experiences economic losses
a. True b. False Indicate whether the statement is true or false
In the late 1990s, aggregate demand was growing rapidly, but productivity grew even more rapidly. What happened to prices and output?
A. output went up a lot, prices went up some B. prices went up a lot, output went up some C. output went down, prices went up some D. both prices and output went down E. both prices and output remain unchanged