An important function of international institutions during times of crisis is to
A) make goods nonrival.
B) make goods nonexcludable.
C) prevent free riding.
D) prevent nondiscrimination.
E) encourage free riding.
C
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What are the three motives for holding money?
A) the medium of exchange motive, the store of value motive, and the unit of account motive B) the transaction motive, the speculative motive, and the liquidity motive C) the transaction motive, the investment motive, and the liquidity motive D) the transaction motive, the speculative motive, and the precautionary motive
Since 1950,
A) the average length of expansions in the United States have become longer as compared to before 1950. B) the average length of expansions in the United States have become shorter as compared to before 1950. C) economic expansions in the United States have been so short that expansions barely exist. D) the average length of expansions in the United States are about the same length as compared to before 1950.