Which of the following is NOT a true statement about industrial policies?
A) Industrial policies can lead to the development of successful industries.
B) Not all industrial policies are successful.
C) Not all industrial policies are the best use of a nation's resources.
D) Most industrial policies are legal under WTO rules.
D
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If required reserves are $150 and deposits are $1000, what is the required reserve ratio?
A) 10 percent B) 15 percent C) 5 percent D) 85 percent
A surplus exists in the market for Barbie dolls at the prevailing price. The surplus will be eliminated by a price: a. increase, decreasing the supply and increasing the demand
b. decrease, decreasing the supply and increasing the demand. c. decrease, increasing the quantity supplied and increasing the quantity demanded. d. decrease, decreasing the quantity supplied and increasing the quantity demanded.