The process by which investment banks guarantee a certain price to a firm issuing stocks or bonds is known as:

Under ERM 2 rules, the national central bank of an EU member with its own currency can suspend euro intervention operations

A) if there is a civil war. B) if they result in money supply changes that threaten to destabilize the domestic price level. C) if there is a current account deficit. D) if there is a current account surplus. E) if they result in a weakened current account.

Median voter decisions may not yield efficient allocations of resources because:

a. votes are allocated differently than income. b. externalities may cause private and social costs to diverge. c. free riders will cause too few public goods to be produced. d. the median voter may not be the same as the mean voter.