A. commercial banks B. money market C. capital market D. government Correct Answer: Option C - capital market
A. increase the capital base of banks B. provide more money to run the economy C. minimize the rate of…
A. reserve ratio B. liquidity ratio C. interest rate D. capital base Correct Answer: Option A - reserve ratio
A. an increase in imports B. a decrease in the income stream C. an increase in household consumption D. a…
A. expenditure method B. income method C. output method D. value-added method Correct Answer: Option D = value-added method
A. make abnormal profits B. suffer losses C. make normal profits D. collude with each other Correct Answer: Option C…
A. GNP B. GDP C. NDP D. NNP Correct Answer: Option B = GDP
A. selling price is above the short-run marginal cost B. selling price is below the short-run marginal cost C. average…
A. total cost B. marginal cost C. fixed cost D. variable inputs Correct Answer: Option B - marginal cost
A. law of diminishing returns B. law of returns to scale C. cost of fixed inputs D. cost of variable…