On the graph above, the wage level at point ________ might represent a binding minimum wage

An international financial crisis is most often caused by

A) foreign investments and loans being withdrawn from a nation. B) a drop in the value of the U.S. dollar. C) a nation's central bank lowering domestic interest rates. D) a government refusing to pay its dues to the United Nations.

The law of one price holds exactly only if

A) buyers have complete information. B) antitrust laws are being enforced. C) it is impossible for buyers to resell the good. D) transactions costs are zero.