People tend to hold more money as
A. the price level rises and interest rates rise.
B. the price level falls and interest rates fall.
C. the price level rises and interest rates fall.
D. the price level falls and interest rates rise.
C. the price level rises and interest rates fall.
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In the above figure, if the firm is producing Q1 units at a price P1, the firm should
A) increase output and decrease price. B) decrease output and increase price. C) not change output or price. D) shut down.
Some pollution occurs because property rights to some resources are well defined
a. True b. False
_____ increases with the variability of outcomes and the underlying degree of randomness in the environment that can affect a business relationship
a. The problem of double marginalization b. Asset specificity c. Uncertainty d. Volumetric interdependence
The Third World consists of _____
a. all communist countries b. the nations in the Southern Hemisphere c. all former British colonies d. all non-English-speaking countries e. all less-developed countries