Internal markets
A) do not have the same problems as external markets.
B) have externalities but do not fail.
C) have the same problems as external markets.
D) are more useful relative to external markets.
C
You might also like to view...
When the nominal rate of interest and the rate of inflation are the same, the real interest rate is zero
Indicate whether the statement is true or false
If float is predicted to decrease because of unseasonably good weather, the manager of the trading desk at the Federal Reserve Bank of New York will likely conduct a ________ open market ________ of securities
A) defensive; sale B) defensive; purchase C) dynamic; sale D) dynamic; purchase
By looking at the graphs showing a negative supply shockâs impact on aggregate demand and aggregate supply and on the Phillips curve, we can see that high energy prices in the late 1970s ______.
a. increased price levels and RGDP, but decreased inflation rates and unemployment rates
b. increased price levels, RGDP, inflation rates, and unemployment rates
c. decreased price levels, RGDP, inflation rates, and unemployment rates
d. increased price levels, inflation rates, and unemployment rates, but decreased RGDP
Dumping refers to a country selling its exports at a price lower than its selling price at home.
Answer the following statement true (T) or false (F)