One possible source of the first Eurocurrency account was a result of the
A) Cold War.
B) Second World War.
C) Oil Crisis in the 1970s.
D) the Erie Canal.
A
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Use a figure below to describe the four zones of economic discomfort
What will be an ideal response?
When demand is perfectly elastic, marginal revenue is
A) zero. B) equal to price. C) declining. D) increasing.
Which of the following is the best example of a decreasing-cost industry?
A) the health care industry B) the personal computer industry C) the college-education industry D) the oil industry
Which of the following is NOT one of the factors that could affect the size of the multiplier?
A) What sector of the economy receives the initial increase in spending B) How the spending is financed C) Whether the economy is in recession or at full employment D) Whether the economy is in autarky equilibrium