A. supply exceeds demand
B. a surplus exists
C. there is perfectly inelastic demand for the good
D. demand exceeds supply
A. boom
B. slump
C. recovery
D. acceleration
A. increasing the wage in the Unionized sector, Which may create a decrease in the supply of workers in the non-unionized sector
B. Increasing the demand for workers in the Unionized sector
C. decreasing the demand for workers in the Unionized sector
D. Increasing the wage in the Unionized sector which may create an increase in the supply of workers in the non-unionized sector
A. Price plus quantity
B. Price multiplier by quantity sold
C. Price divided by the quantity sold
D. Price minus quantity sold
A. Canada
B. China
C. India
D. Russia
i. capital inflows/GDP were very low
ii. Nonperforming bank loan ratios were high
iii. current account deficits were high
iv. credit growth was fast
A. I and IV only
B. II and III only
C. I, II and III only
D. II, III and IV only
A. Imported, but not exported
B. Exported, but not imported
C. Imported and exported
D. Neither exported nor imported