A double oral auction is an auction in which:
A) sellers post asks and buyers post offers one after the other.
B) sellers post asks and buyers post bids simultaneously.
C) the highest bidders post their bids at the same time.
D) bidding starts from the lowest price to the highest price.
B
Economics
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The European Monetary Union was formed in 1992 to explore issues regarding currency union under the ________ treaty.
A) Versailles B) Paris C) Berlin D) Maastricht
Economics
If the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labor force, 10 million unemployed, and 150 million employed, the employment-to-population rate is
A) 53.3 percent. B) 65.2 percent. C) 46.7 percent. D) 87.5 percent.
Economics