In most countries the central bank is

A) totally autonomous from the rest of government.
B) semi-independent from the rest of the government.
C) a part of the private sector.
D) subordinate to the rest of government.


D

Economics

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From a point within the utilities possibilities frontier,

A) movement to another point within the frontier can only increase one person's utility, but not both people's utility. B) it is possible to find another point within the frontier that generates higher utility for both people. C) it is possible to find another point within the frontier that involves higher output of both goods. D) any move to another point within the frontier will necessarily decrease someone's utility.

Economics

When a monopolist is able to sell its product at different prices to different customers, it is likely engaging in: a. quality-adjusted pricing. b. price discrimination

c. price differentiation. d. illegal activities.

Economics

One target of the UN Millennium Development Goals that has successfully been reached involved cutting in half the number of people who lack access to

a. public education. b. information technology. c. international trade. d. safe drinking water.

Economics

Openness and change in the economic models of India and China have meant for the world economy all of the following EXCEPT

A) hundreds of millions of people have escaped poverty. B) many manufactured goods and services have become cheaper. C) forced some firms to downsize, offshore or otherwise change business practices. D) increased the market power of firms in industrialized countries as they gained most from this evolving trade.

Economics