The United States abandoned the ________ because the government wanted to rapidly expand the money supply in response to the Great Depression
A) managed float B) floating exchange rate system
C) Bretton Woods system D) gold standard
D
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If the price of a DVD falls,
i. the demand curve for DVDs will shift rightward. ii. the demand curve for DVDs will not shift. iii. there will be a movement along the demand curve for DVDs. A) ii and iii B) iii only C) i only D) ii only E) i and iii
Refer to Table 18-1. Suppose a series of votes are taken in which each pair of alternatives is considered in turn. If the vote is between allocating funds to subsidies for education and research on Alzheimer's
A) Ivy and Rose vote for education subsidies, Jasmine votes for Alzheimer's research, and education subsidies wins. B) Jasmine and Rose vote for Alzheimer's research, Ivy votes for education subsidies, and Alzheimer's research wins. C) Ivy and Jasmine vote for education subsidies, Rose votes for Alzheimer's research, and education subsidies wins. D) Jasmine and Ivy vote for Alzheimer's research, Rose votes for education subsidies, and Alzheimer's research wins.
The ________ consumers make decisions about whether to purchase that ________ affected by small changes in price or quality, therefore a quality improvement for these consumers is not profitable.
A. inframarginal; are B. inframarginal; are not C. marginal; are D. marginal; are not
The contact points where the terms of forward contracts are set are known as:
a. the underlying markets. b. the derivative markets. c. the over-the-counter markets. d. the futures exchange.