A. increase price but not output
B. increase output but not price
C. increase output and price
D. decrease output and price
A. profit myopia
B. principal-agent problem.
C. merger mania.
D. moral hazard
A. None of these answers
B. decreases the quantity supplied of that good
C. decreases the quantity demanded for that good
D. increases the quantity supplied of that good
A. Private good
B. merit good
C. public good
D. abundant good
A. descriptive economics
B. normative economics
C. macroeconomics.
D. microeconomics
A. The ratio of debt service to GNP is very good indicator of the debt burden
B. Many large LDC debtors borrowed heavily because of their excellent international credit ratings
C. Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs
D. The debt-burden of sub Saharan African countries may be as heavy as for middle income countries
A. below the demand curve and above the price.
B. above the supply curve and below the price.
C. above the demand curve and below the price.
D. below the supply curve and above the price.
E. below the demand curve and above the supply curve