One of the reasons communism failed was because:

a. governments ran out of money.
b. workers received the same pay whether or not they worked hard.
c. there was no unemployment.
d. Mao Zedong passed away.
e. technological improvements were impossible in a communist economy.

b

Economics

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The ratio of equity to total assets is a measure of a bank's __________ risk

A) credit B) leverage C) interest rate D) liquidity

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A change in relative factor prices will always result in

A) a change in the slope of the isoquants. B) a tangency between the new isocost line and a new isoquant. C) a rotation of the isocost lines. D) All of the above.

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