European countries (relative to the United States)
a. have a higher share of bank loans to GDP
b. have a higher market capitalization
c. have more IPOs
d. rely on insider trading
e. none of the above
A
Economics
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If an economy has to sacrifice only one unit of good X for each unit of good Y produced throughout the relevant range, then its production possibilities curve has a(n):
A) zero slope. B) constant, negative slope. C) increasing, negative slope. D) decreasing, negative slope.
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The official Federal Reserve strategy for implementing its monetary policy objectives is spelled out in the
A) Federal Reserve Board (FRB) Decree. B) Federal Reserve Bank Cooperative (FRBC) Proposal. C) Federal Advisory Committee (FAC) Statement. D) Federal Open Market Committee (FOMC) Directive.
Economics