Suppose that an individual can hold her wealth in only two forms: money and bonds. A _______________ in the bond market would then imply that there is a ________________ in the money market

A) surplus; surplus
B) shortage; shortage
C) surplus; shortage
D) shortage; surplus
E) c and d

D

Economics

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Refer to Table 20-10. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2011 is the base year, then what is the CPI for 2016?

A) 14.3 B) 87.5 C) 114.3 D) 160

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In the IO perspective, it is important to enter an industry with

a. High barriers to entry b. Low buyer power c. Low supplier power d. All of the above

Economics