Which of the following constitutes the largest component of the world's international reserve assets?

A. Special drawing rights
B. International Monetary Fund reserve positions
C. Gold
D. Financial assets denominated in foreign currencies

Answer: D

Economics

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In the Keynesian cross diagram, a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift ________ and the equilibrium level of aggregate output to

________, everything else held constant. A) up; rise B) up; fall C) down; rise D) down; fall

Economics

A firm will buy monopoly power until the marginal cost of having a monopoly:

A. is more than the marginal benefit. B. is less than the marginal benefit. C. equals the marginal benefit. D. equals the price of its product.

Economics