The Delors Report
A) created the single currency.
B) added new countries to the EU.
C) created a timetable and steps to economic union.
D) eliminate the ERM.
C
Economics
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When the real interest rate ________ the equilibrium real interest rate, there is a ________ of loanable funds and the real interest rate ________
A) is less than; shortage; falls B) is less than; surplus; rises C) exceeds; surplus; rises D) exceeds; surplus ; falls E) exceeds; shortage; rises
Economics
Refer to the table above. If the opportunity cost of time increases to $60 per hour, renting which apartment will minimize Ryan's total cost every month?
A) 2 B) 3 C) 4 D) 5
Economics