Stock markets in England were started in the late:
A. Seventeenth century.
B. Sixteenth century.
C. Eighteenth century.
D. Nineteenth century.
A. Seventeenth century.
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Products produced domestically and sold in foreign countries are called ________, and products produced in foreign countries and sold domestically are called ________
Fill in the blank(s) with correct word
Over the 1980s and 1990s, countries with sound fiscal, monetary, and trade policies and strong rule of law combined with large amounts of aid:
A. still failed to grow, indicating new methods for furthering development are needed. B. grew at 1 percent, indicating the necessity of good policy in conjunction with aid. C. saw GDP shrink by 1 percent, indicating corruption and inefficient use of funds is rampant. D. None of these statements is true.
Anything that prevents new firms from competing on an equal basis with existing firms in an industry is called a barrier to entry
a. True b. False
The supply curve of truck drivers is upward sloping and demand curve is downward sloping. A reduction in the price of hauling freight by truck relative to the price of hauling freight by rail will ____ the equilibrium wage of truck drivers and ____ the number of drivers employed
a. decrease; decrease b. decrease; increase c. increase; decrease d. increase; increase