Policies to reduce the likelihood of financial crises might include ________
A) enlarging government budget deficits
B) reducing imbalances in global trade and capital flows
C) keeping the inflation rate near or below zero
D) more aggressive use of stabilization policy
E) all of the above
B
Economics
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The above figure shows the production possibility frontier for a country. Suppose the country is producing at point A. What is the opportunity cost of increasing the production of rice to 12 tons?
A) 6 thousand bottles of wine B) 9 thousand bottles of wine C) 15 thousand bottles of wine D) 12 tons of rice E) Nothing, it is a free lunch.
Economics
What is the principal-agent problem as applied to corporations?
What will be an ideal response?
Economics