Goods are scarce when:
a. their price is too low.
b. their price is too high.
c. the amount people want is more than the amount available at a zero price.
d. people want less of something as compared to what is available.
e. their prices are controlled.
c
Economics
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If the interest rate increases, the
a. cost of saving will increase b. cost of borrowing will increase c. firm should decrease the amount of capital it owns by selling capital d. firm should acquire more capital e. supply of loanable funds will increase
Economics
The Bretton Woods system
a. fixed exchange rates in terms of U.S. dollars. b. fixed exchange rates in terms of all major currencies. c. fixed exchange rates in terms of gold. d. established a system of flexible exchange rates.
Economics