Central bank reserve assets are kept in three major forms: foreign-exchange reserves, silver, and gold.
a. true
b. false
b. false
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A company's net present value:
A. adds up the value of all the assets a company currently owns. B. is a measure of the book value of that company. C. is the current value of the company's expected future cash flows. D. tells you the "correct" price of shares in the company.
A market situation where a small number of sellers compose the entire industry is called: a. monopolistic competition. b. monopoly
c. oligopoly. d. perfect competition.
Who does the government borrow from?
What will be an ideal response?
When the demand curve is linear, price elasticity of demand:
a. remains constant along the curve. b. is negative in the lower half of the curve. c. decreases as one moves down along the curve. d. is less than one in the upper half of the demand curve.