The largest net international lenders since 1980 have been
A. Russia and Saudi Arabia.
B. the United Kingdom and France.
C. the United States and china.
D. Japan and Germany.
Answer: D
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For legal purposes, a corporation is treated as
A. an individual. B. a nonprofit organization. C. a partnership. D. a limited partner in a partnership.
A tariff is a
a. tax on exports. b. penalty imposed on exporters who export a greater quantity than the quota allows. c. penalty imposed on importers who import a greater quantity than the quota allows. d. tax on imports.
When price falls, demand rises
a. True b. False Indicate whether the statement is true or false
Market failures
A) prevent the price system from attaining economic efficiency. B) result in quantities and prices that are socially desirable. C) strengthen economic efficiency by forcing unprofitable firms to close. D) weaken the argument for government intervention in the economy.