The theory that regulation seeks an efficient use of resources is the
A) social interest theory.
B) producer surplus theory.
C) consumer surplus theory.
D) capture theory.
E) deadweight loss theory.
A
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Money supply would expand if people chose to hold borrowed funds in cash rather than in checking accounts
a. True b. False Indicate whether the statement is true or false
If a county has 25 billion euros of imports, 15 billion euros of exports, and sells 20 billion euros of assets to foreigners, how many foreign assets do domestic residents purchase?
a. 5 billion euros b. 10 billion euros c. 30 billion euros d. None of the above are correct.
The lemons problem occurs mainly because of
A. a market failure. B. positive externality. C. asymmetric information. D. negative externality.
Which of the following is a recommended policy for industrially advanced countries to adopt to foster economic growth in DVCs?
A. Admitting more temporary workers from DVCs B. Reducing the amount of debt relief for DVCs to make them less dependent C. Eliminating loans from the World Bank because it encourages bureaucracy D. Eliminating financial control of central banks where they have been established