The financial crisis of 2008
A) had its roots in the internet crisis of 2000.
B) had its roots in the budget policy of the Treasury.
C) had its roots in the real estate market.
D) all of these choices.
C
Economics
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If interest rates fall, the opportunity cost of spending money today rather than tomorrow
a. rises. b. falls. c. rises only if the prices of goods today rise. d. falls only if the prices of goods today fall.
Economics
A monopolist is able to sell 5 units of output at $2.50 per unit and 6 units of output at $3.50 per unit. It will produce and sell the sixth unit if its marginal cost is:
a. $8.90. b. $8.50. c. $8.35. d. $8.00.
Economics