Outline the principal sources of the debt crisis
What will be an ideal response?
Discussed in the chapter.
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The effect of automatic stabilizers on the business cycle is to: a. make upswings larger and downswings smaller. b. make upswings smaller and downswings larger. c. make both upswings and downswings smaller. d. eliminate fiscal drag
e. make both upswings and downswings larger.
A matrix organization is organized on the basis of
A. geographic region. B. functional areas of expertise. C. product line. D. both functional specialty and product line.
Refer to the diagrams, which pertain to a purely competitive firm producing output q and the industry in which it operates. Which of the following is correct?
A. The diagrams portray neither long-run nor short-run equilibrium.
B. The diagrams portray both long-run and short-run equilibrium.
C. The diagrams portray short-run equilibrium but not long-run equilibrium.
D. The diagrams portray long-run equilibrium but not short-run equilibrium.
If coal prices are rising faster than the rate of interest, then
a. investors should buy coal instead of bonds. b. investors should buy bonds instead of coal. c. coal prices should be expected to fall. d. bond prices should be expected to rise.