When an economy is closely tied to another, larger economy, floating exchange rates are usually desirable

Because loans to small and midsized businesses are rather __________, they have been relatively __________ to securitize

A) standardized; easy B) standardized; difficult C) not standardized; easy D) not standardized; difficult

Sony is considering a 10 percent price reduction on its LCD television sets. If the demand for sets in this price range is inelastic:

A. revenues from LCD sets will remain constant. B. revenues from LCD sets will decrease. C. the number of LCD sets sold will decrease. D. revenues from LCD sets will increase.