The World Bank will primarily make

A) short-term loans for investment projects that are relatively safe.
B) long-term loans for investment projects that are relatively risky.
C) short-term loans for investment projects which might not receive private financial support.
D) long-term in nature for investment projects which might not receive private financial support.


D

Economics

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Which of the following is likely to happen if investors in an economy become optimistic following the discovery of huge mineral reserves?

A) Unemployment will increase. B) Consumption will increase. C) Real wages will fall. D) Prices will fall.

Economics

The table above lists six points on the production possibilities frontier for grain and cars. What is the opportunity cost of producing the 26th car?

A) 2 tons of grain per car B) 4 tons of grain per car C) 0.25 tons of grain per car D) 0.5 tons of grain per car

Economics

Define wealth, or net worth

What will be an ideal response?

Economics

Firm A is a monopoly. The demand for its output is p = 90 - Q. Production is such that Q = L. Firm A hires only unionized labor. The marginal cost to the union is $10 per unit of labor. The union will sell

A) 20 units of labor at a wage of $10. B) 20 units of labor at a wage of $40. C) 20 units of labor at a wage of $50. D) 20 units of labor at a wage of $70.

Economics