The Bank of Japan is Japan's central bank. As part of its duties, the Bank of Japan would
A) provide banking services to Japan's citizens and firms.
B) provide banking services to foreigners.
C) control the quantity of money in circulation in Japan.
D) change tax rates.
C
Economics
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The demand curve of a commodity slopes downward because of:
a. the insatiable nature of human wants. b. the presence of double coincidence of wants. c. the law of demand. d. the scarcity of goods and services in an economy. e. the law of diminishing marginal utility.
Economics
Economic profit can be viewed as
a. a reward for bearing risks. b. an undeserved "reward" for exercising monopoly power. c. a reward for innovation. d. All of the above are correct.
Economics