Which of the following statements best describes high-income economies’ relationship with inflation?
a. The high-income economies appear to have a political consensus to hold inflation low, but not the economic tools to do so.
b. The high-income economies appear to have the economic tools to hold inflation low, but not the political consensus to do so.
c. The high-income economies appear to have both a political consensus to hold inflation low, and the economic tools to do so.
d. The high-income economies do not appear to have a political consensus to hold inflation low, and the economic tools to do so.
c. The high-income economies appear to have both a political consensus to hold inflation low, and the economic tools to do so.
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The first run on a British bank since 1866 occurred in August 2007 at which bank?
A) Liberty Mutual B) Liberty Rock C) Northern Rock D) Bank of England E) First Savings and Loan
The idea behind price discrimination is
a. To be able to sell to high-value customers, who value the product most b. To be able to sell to the marginal customers, who are indifferent about the purchase c. To be able to sell to the low-value customers, who would otherwise not buy the product d. To be able to sell to both high and low value customers at different prices