Which of the following markets would reach long-run equilibrium fastest?
A) online retail
B) auto dealers
C) oil extraction
D) World Series tickets
A
Economics
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Economic theory assumes people's actions generally follow
A) from comparisons of expected costs and benefits. B) no predictable pattern. C) considerations of material self-interest. D) the Golden Rule.
Economics
Which of the following would a bank NOT hold as insurance against the highest cost of deposit outflow-bank failure?
A) excess reserves B) secondary reserves C) bank capital D) mortgages
Economics