Small firms borrow from "monitoring-intensive" financial intermediaries in __________ financial systems
A) banking-oriented
B) markets-oriented
C) banking- and markets-oriented
D) socialist
C
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If property rights for air and water exist, then polluters bear the costs of pollution
Indicate whether the statement is true or false
The parties to a contract will choose to acquire possibly duplicative information if they believe that the increase in economic value being created will exceed the cost of discovering the information
Indicate whether the statement is true or false
The only way to compare GDP values over time is to use ______ for measurement.
a. money b. gallons c. weights d. meters
According to the law of supply:
A. more of a good is desired by consumers as the price falls. B. less of a good is desired by consumers as the price rises. C. more of a good will be offered by suppliers as the price rises. D. less of a good will be offered by suppliers as the price rises.