Law of Supply and Demand
What will be an ideal response?
The claim that the price of any good adjusts to bring the quantity supplied and quantity demanded for that good into balance.
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The advantages of a currency union may extend to political relationships, too. How?
A) Currency unions, unfortunately, create political dissension. B) Currency unions can be used by the larger nations to grab political power. C) Currency unions reduce each nation's individual political power. D) Currency unions enhance each nation's identification with other nations in the currency union.
According to the efficient markets hypothesis, the current price of a financial security
A) is the discounted net present value of future interest payments. B) is determined by the lowest successful bidder. C) fully reflects all available relevant information. D) is a result of none of the above.