Cost-benefit analysis is a tool that is used
A) only by businesses.
B) only by individuals and businesses.
C) only by governments.
D) by individuals, businesses, and governments.
D
Economics
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When the ________ effect dominates the ________ effect, the labor supply curve is ________
A) income; substitution; vertical B) substitution; income; positively sloped C) income; substitution; negatively sloped D) substitution; income; horizontal
Economics
Why might a nation seek to maintain a pegged exchange rate?
A) It makes business planning easier for firms involved in the global economy. B) It removes the need to intervene in the foreign exchange market. C) It ensures that the exchange rate will remain at its equilibrium. D) It makes their currency more attractive on the foreign exchange market.
Economics