"Debt repudiation" occurs when
A) a government announces it will no longer run nominal deficits.
B) a government announces it will no longer run real deficits.
C) a government announces it will no longer honor its debt obligations.
D) a central bank will no longer monetize the debt.
D
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According to the above figure, then the supply curve will
A) shift from S1 to S2. B) shift from S2 to S1. C) remain at S1. D) shift either to the left or the right, but it is impossible to say without more information.
A decrease in demand for a normal good could be caused by a(n)
a. increase in price b. decrease in price c. decrease in consumer incomes d. increase in consumer incomes e. increase in production costs
Ownership certificates in a company are known as:
a. charter b. stock c. dividends d. debt
In graph 1, there is movement from q2 to q1. What change in graph 2 causes this to happen?
a. Demand stays constant.
b. Price increases.
c. Quantity increases.
d. Market supply increases.