Which of the following characteristics is NOT likely to increase the interest on a loan?
A) a high-risk proposal
B) a non-creditworthy borrower
C) a short-term loan
D) a larger dollar loan
Answer: C
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The leader in a Stackelberg oligopoly with a linear demand and marginal cost produces ________ than the follower second firm, charges ________ price, and earns ________ than the follower in economic profit.
A) more; the same; more B) more; a higher; less C) less; the same; more D) more; a higher; more
Which of the following tools of commercial policy acts as a quantitative restriction on imports?
a. Tariff b. Subsidy c. Health and Safety regulations d. Quota e. Government procurement
Which of the following statements characterizes NAFTA's economic arrangements among its member countries (Canada, Mexico, and the United States)?
a. There are no restrictions on the movement of labor from one country to another. b. There are no restrictions on the movement of capital from one country to another. c. All three countries have adopted the same identical tariff system. d. There is free trade among the three member countries.
The expected rate of return is a guaranteed rate of return on an investment. Evaluate.
What will be an ideal response?