The perfect competitor shown in the graph above is in the
A. short run making a profit.
B. short run taking a loss.
C. long run making a profit.
D. long run breaking even.
D. long run breaking even.
Economics
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Under the Bretton Woods exchange rate system, ________ could sell their dollars to the American government in exchange for gold
A) American citizens B) foreign central banks C) foreign citizens D) all of the above
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What happened to the risk premium on Baa corporate bonds during the Financial Crisis of 2007-2009?
A) it declined slightly B) it rose to about 2% C) it rose to about 4% D) it rose to about 6%
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