A feature of debt markets in emerging-market countries is that debt contracts are typically
A) very short term.
B) long term.
C) intermediate term.
D) perpetual.
A
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How does the creation of a successful movie influence what, how, and for whom goods and services are produced?
What will be an ideal response?
Suppose a market were currently at equilibrium. A rightward shift of the demand curve would cause
A) an increase in price but a decrease in quantity. B) a decrease in price but an increase in quantity. C) an increase in both price and quantity. D) a decrease in both price and quantity.
Only government restrictions serve as entry barriers.
Answer the following statement true (T) or false (F)
Tom walks Bethany's dog once a day for $50 per week. Bethany values this service at $60 per week, while the opportunity cost of Tom's time is $30 per week. The government places a tax of $35 per week on dog walkers. Before the tax, what is the total surplus?
a. $60 b. $50 c. $30 d. $25