If the price of a 32GB memory card decreases from $25 to $20, the percentage change is
A) -20 percent. B) -33 percent. C) -50 percent. D) -60 percent.
A
Economics
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Refer to the figure above. If Lithasia opens up to free trade, then which of the following statements is true?
A) The domestic production of pens in Lithasia will increase. B) The domestic price of pens will increase. C) Lithasia will start exporting pens. D) Lithasia will start importing pens.
Economics
Zero lower bound refers to:
A. a level below which the Fed cannot further reduce short-term interest rates. B. a situation where there is little to no inflation. C. the rate that the Federal Reserve is currently paying on bank reserves. D. a bank with zero excess reserves.
Economics