Economics is the study of
a. how to make money.
b. choices in a world of scarcity.
c. how to distribute unlimited production among limited wants.
d. All of the above.
b. choices in a world of scarcity.
Economics
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Which of the following is not correct for a small open economy?
A) She cannot improve her BOT. B) She cannot affect the international price of goods. C) She cannot affect the foreign interest rate. D) All of the above.
Economics
For the settlement of futures contracts, the clearing corporation requires that a margin be placed with the corporation by
A) the short position only. B) the long position only. C) the short and the long in all contracts. D) the short and the long only in extraordinary circumstances.
Economics