Financial Securities
What will be an ideal response?
Certificate or other financial instruments that have monetary value or can be traded
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If four quick oil change service companies agree to reduce the number of cars they service each month in an effort to raise the price for the service, this is an example of ________.
A) market division B) output restrictions C) bid suppression D) resale price maintenance
What do we call a person who attempts to earn profits in the futures markets by predicting future changes in supply or demand?
a. An investor. b. A speculator. c. A risk-preferring individual. d. A contractor.
Which of the following shifts both the short-run and long-run aggregate supply right?
a. an increase in the actual price level b. an increase in the expected price level c. an increase in the capital stock d. None of the above is correct.
One reason stagflation is difficult to recover from is because:
A. less output requires less inputs to be hired. B. prices tend to adjust more quickly downward than upward. C. wages are sticky downward. D. input prices increase with output prices.