Short-term interest rates show the cost of borrowing money for how long?
(A) Between 10 and 30 years.
(B) For no more than a month.
(C) For a few days or months.
(D) Between a few months and two years.
Ans: (C) For a few days or months.
Economics
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The term "predatory pricing" is usually used by people who are objecting to
A) extremely unpredictable prices. B) low prices. C) prices unrelated to costs of production. D) speculative pricing policies. E) very high prices.
Economics
If the demand curve for bikes shifts leftward and the supply curve for bikes shifts rightward, the equilibrium
A) price of bikes definitely increases. B) price of bikes definitely decreases. C) quantity of bikes definitely increases. D) quantity of bikes definitely decreases.
Economics