Identify the correct statement form the following
a. Governance prevents buyers in the market from switching between sellers.
b. The cost of ending a relationship with a buyer in the market is always high for sellers.
c. Goods and the parties involved in market transactions are not interchangeable.
d. At market-clearing prices participants can rest assured that shortages or surpluses will not frustrate their expectations.
D
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According to the data in the table above, real GDP grew at a rate of ________ between year 1 and year 2
A) 10 percent B) 1 percent C) 50 percent D) 5 percent E) 55 percent
Which of the following is most likely to cause the demand curve in the capital market to shift leftward?
A) Government borrows to finance a war. B) All firms project higher future revenue streams for all of their projects. C) All firms project lower future revenue streams for all of their projects. D) Government institutes a high tax on savings.