The natural rate of interest rises with a __________ shift of the __________ curve
A) rightward; IS
B) rightward; LM
C) leftward; IS
D) leftward; LM
A
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Globalization means that firms recruit top talent from the global talent pool. Globalization means that the payoffs won by the contest winners ________
A) increase in size B) do not change in size C) might increase, decrease, or not change depending on whether the demand for contests changes by more than, less than, or the same amount as the supply of contests. D) decrease in size
Brokers, in contrast to security dealers
A) hold inventories of securities. B) make their income through commissions. C) make their living on the spread between the bid price and the asked price. D) buy and sell securities at given prices.
In the short run, wages are assumed to be: a. constant
b. sticky. c. inflexible. d. all of the above are true.
The Islamic country that is attracting attention because of its rapid growth:
a. Egypt b. Iran c. Pakistan d. Turkey e. None of the above