Suppose Quarto takes 10 years to double the size of its economy. According to the rule of 70, its growth rate is _____

a. 15 percent
b. 10 percent
c. 7 percent
d. 20 percent

c

Economics

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The originate-to-distribute business model has a serious ________ problem since the mortgage broker has little incentive to make sure that the mortgagee is a good credit risk

A) principal-agent B) debt deflation C) democratization of credit D) collateralized debt

Economics

In the case of nonexcludable goods, economists contend that the market ___________ produce these goods because of the ________________________

A) will; free rider problem B) will not; law of diminishing marginal utility C) will not; law of diminishing marginal returns D) will not; free rider problem.

Economics