As of 2013, which was the only country in the world to be debt-free?

A. Japan
B. Greece
C. Korea
D. Brunei


Answer: D

Economics

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If the base year CPI basket costs $250 and next year the CPI basket costs $275, what is next year's CPI?

What will be an ideal response?

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Refer to above Table 2-1. What is the level of Corporate Profits?

A) 260 B) 180 C) 270 D) 170

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Monopsony power is akin to an age-old proposition in economics that scarcity brings power, except in this case power is due to

a. scarce resources b. scarce input purchases c. scarce suppliers d. scarce purchasing time e. scarce product market

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In a perfectly competitive market, the products sold can be described as:

(a) Homogenous; (b) Complementary; (c) Close substitutes; (d) Both (a) and (c) are correct.

Economics