In 1990, there were 50 bilateral agreements and regional trade agreements between countries. Today there are
A) more than 230 of these agreements.
B) 30 of these agreements.
C) none of these agreements remaining.
D) more than 10,000 of these agreements.
Answer: A
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If a perfectly competitive firm is producing 2,000 units and, at the 2,000th unit, the difference between marginal revenue and marginal cost (MR - MC) is zero, which of the following is true?
A) The firm is maximizing profit. B) The firm should decrease production to maximize profit. C) The firm should increase production to maximize profit. D) The firm should exactly double production to maximize profit.
All of these events will cause an increase (shift to the right) in the supply of real loanable funds EXCEPT:
a. An increase in the monetary base. b. A higher real risk-free interest rate. c. An increase in the nation's real income. d. All of the above shift the supply.
Which of the following is NOT a contributor to an employee's attitude?
a. previous jobs b. education c. peers d. family
According to the Expectations Theory of the term structure, if interest rates are expected to be 2%, 2%, 4%, and 5% over the next four years, which yield is the closest to the yield on a three-year bond today?
A. 2.7% B. 4% C. 8% D. 4.3%