The English Parliament regulates companies that trade stock publicly through a law known as the:
A. Bubble Act.
B. Company Act.
C. Leverage Act.
D. Anti-Corruption Act.
Answer: A
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The per capita GDP for Japan in 2014 was $48,500 and in 2015 was $49,470. How much did the Japanese per capita GDP grow in 2015?
A) 2 percent B) -2 percent C) 3 percent D) Cannot be determined without further information
A higher saving rate will promote capital deepening
Indicate whether the statement is true or false
Suppose that an economy can produce various combinations of fish and bread. If more people with strong fishing skills became employed in this economy, how would the production possibilities curve (PPC) change?
a. The PPC would shift outward on the fish axis, but would not change on the bread axis. b. The PPC would shift outward equally along both the fish and the bread axes. c. The PPC would shift inward on the bread axis, but would not change on the fish axis. d. The PPC would shift inward equally along both the fish and the bread axes.
If consumer tastes shift away from mustard and toward salsa, then the
a. demand curve for salsa will shift to the left b. demand curve for mustard will shift to the right c. quantity demanded of salsa will decrease d. quantity demanded of mustard will increase e. demand curve for salsa will shift to the right