The two major types of financial systems are the __________-oriented systems
A) federal- and local
B) banking- and markets
C) securities- and equities
D) contributor- and stockholder
B
Economics
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Explain how it would be possible for the equilibrium price and equilibrium quantity to both increase in the market for motorcycles if consumer preference for motorcycles increases and the number of motorcycle manufacturers decreases
What will be an ideal response?
Economics
Suppose nominal GDP was $360 billion in 1990 and $450 billion in 2000. The appropriate price index (1985 = 100) was 120 in 1990 and 125 in 2000. Between 1990 and 2000 real GDP:
A. increased by $60 billion. B. decreased by $32 billion. C. increased by $100 billion. D. increased by $117 billion.
Economics