Which of the following is the best example of an artificially scarce good?
a. premium cable channels
b. lobster
c. college classes
d. gasoline
Ans: a. premium cable channels
Economics
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Everything else remaining unchanged, what is likely to happen to the equilibrium quantity of credit and the real interest rate if:
a. the credit demand curve shifts to the right? b. the credit supply curve shifts to the left? What will be an ideal response?
Economics
Which of the following is not a composite currency?
A) The SDR B) The ECU C) The U.S. dollar D) All of the above
Economics