The recent experiences in Greece, Portugal, and Ireland make the euro
A. seem very unlikely to fail because of decreasing debt levels.
B. seem very unlikely to fail because of increasing interest rates.
C. seem somewhat likely to fail because of increasing debt levels.
D. seem somewhat likely to fail because of increasing interest rates.
Answer: C
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Bubba Burgers has discovered there are economies of scope available to the restaurant. Which is most likely to be a response to this discovery?
A) Bubba adds more varied inputs to burger production. B) Bubba expands burger production, focusing on that one good. C) Bubba contracts burger production. D) Bubba adds grilled chicken sandwiches to the menu. E) Bubba cuts back on the diversity of the menu.
The largest drop in the percentage of families below the poverty level occurred
a. in the 1960s b. in the 1970s c. in the 1980s d. in the early 1990s e. during the recession of the early 1980s
A movement of the price index from 108 to 112 represents an improvement in the cost of living
a. True b. False Indicate whether the statement is true or false
The natural rate of unemployment is the unemployment rate during a period of full employment.
Answer the following statement true (T) or false (F)