If you lost 50 percent on $100 worth of stock in a 3x margin account, then you would lose:
A. $50.
B. $150.
C. $300.
D. $600.
B. $150.
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In the figure above, if no one owns the lake, what is the equilibrium price of the pesticide?
A) $80 per ton B) $40 per ton C) $60 per ton D) $30 per ton
A country which incurs a current account deficit will most likely have a financial or capital account surplus
Indicate whether the statement is true or false
Government expenditures are considered autonomous in the model meaning that changes are the result of:
A) changes in real income. B) changes in inflation. C) changes in unemployment. D) changes in policy decisions.
Which of the following would prevent a market from being classified as perfectly competitive?
a. there are many buyers and sellers in the market b. it is easy for new firms to enter the market c. it is easy for existing firms to exit the market d. buyers perceive significant differences among the products of different sellers e. each buyer purchases only a tiny fraction of the total market quantity