The largest quota subscriber of the International Monetary Fund (IMF) is
A. Germany.
B. China.
C. Japan.
D. the United States.
Answer: D
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In the market for reserves, a lower discount rate
A) decreases the supply of reserves. B) increases the supply of reserves. C) lengthens the vertical section of the supply curve of reserves. D) shortens the vertical section of the supply curve of reserves.
Figure 7-6
Which of the lines in Figure 7-6 represents a typical average fixed cost curve?
A. 1 B. 2 C. 3 D. 4
A person starts practicing poisonous snake charming after signing a contract with a health insurance company. This is an example of
A) moral hazard. B) adverse selection. C) signaling. D) screening.
Property taxes ______ tax deductible and home equity loans ____ tax deductible (on federal income tax returns).
A. are; are B. are not; are not C. are; are not D. are not; are