In actual financial markets, securities are __________ divisible, which __________ a type of market imperfection
A) perfectly, is
B) perfectly, is not
C) imperfectly, is
D) imperfectly, is not
C
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When the price of audio books, a normal good, falls, causing your purchasing power to rise, you buy more of them due to
A) the deadweight loss effect. B) the elasticity effect. C) the income effect. D) the substitution effect.
Social security benefits have exceeded/will exceed payroll taxes starting in
A. 2005. B. 2010. C. 2020. D. 2030.
Which of the following countries has the largest quota subscription at the IMF?
A) Japan B) Russia C) United States D) India
When were the first federal antitrust laws enacted in the United States?
a. around the turn of the twentieth century b. after World War II c. after World War I d. during the Great Depression e. with the U.S. Constitution, in 1787