The international institution that serves as a lender of last resort is called the
A) IBRD.
B) WTO.
C) IMF.
D) World Bank.
E) GATT.
C
Economics
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Refer to Figure 11.2. Suppose that Ca = 40, MPC = 0.8, I = 10. Equilibrium income is
A) 40. B) 50. C) 250. D) 400.
Economics
At its minimum point, the average-total-cost curve is intersected by the:
a. average fixed cost curve. b. average variable cost curve. c. total fixed cost curve. d. total variable cost curve. e. marginal cost curve.
Economics