What do you expect would be the effects of 9/11 on the size of the Eurocurrency markets?
What will be an ideal response?
Will increase due to fear that foreign deposits in the U.S. will be frozen unless coordinated efforts by all countries.
Economics
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Suppose the law of diminishing marginal utility holds for coffee. As a person drinks more coffee during the day, the total utility he or she receives will:
a. increase faster and faster. b. fall steadily. c. remain constant. d. rise, but at slower and slower rates.
Economics
Refer to the diagram, in which solid arrows reflect real flows; broken arrows are monetary flows. Flow (4) might represent:
A. the services of NASA astrophysicists.
B. the purchase of stealth bombers.
C. personal income taxes.
D. investment spending by private corporations.
Economics