Capital markets of poor developing countries that liberalized their financial systems to allow private asset trade with foreigners are called
A) direct foreign markets.
B) foreign exchange markets.
C) stock & bond markets.
D) emerging markets.
E) fledgling financial markets.
D
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One way of overcoming the problem of the commons is to make it private property
Indicate whether the statement is true or false
A noncompeting labor market is best illustrated by the market for
a. fast food workers b. high school teachers c. automobile workers d. concert violinists e. insurance salespeople
All of the following are ways a government might protect monopoly rights except:
A. making it illegal to enter an industry. B. heavy taxation of potential competitors. C. protecting intellectual property rights. D. subsidizing a state-owned entity.
Imagine that the federal government increases the minimum wage over the 2014 level. How would this action affect the graph?
a. WMIN would go lower, thereby increasing the labor surplus.
b. WMIN would go lower, thereby decreasing the labor surplus.
c. WMIN would go higher, thereby increasing the labor surplus.
d. WMIN would go higher, thereby decreasing the labor surplus.