Market failure may arise because of ?
A. imperfect competition
B. taxation
C. externalities
D. missing markets
E. all of the above
A. imperfect competition
B. taxation
C. externalities
D. missing markets
E. all of the above
A. the same as it is for fiscal policy
B. much shorter than it is for fiscal policy
C. mush longer than it is for fiscal policy
D. unrelated to central bank action
A. Lawyer services purchased by a home buyer
B. The purchase of a new Nissan produced in Sunderland
C. Copper purchased by tap manufacturer Bristan
D. A new art gallery purchased by the city of Newcastle
E. Lawn care services purchased by a home owner.
I- Workers migrating from villages to foreign-dominated urban complexes
II- Forming an unskilled labor force to work in factories and mines and on plantations
III- Replacing indigenous enterprises with technologically more advanced global subsidiary companies
IV- Closing the economy to trade with and investment from, developed countries
A. I and II only
B. II and III only
C. I, II and III only
D. I , II III and IV
A. increase consumer surplus in the importing country
B. decrease producer surplus in the importing country
C. impose a price floor on foreign prices in the importing country
D. impose a price ceiling on foreign price in the importing country
A. Insignia
B. Patent mark
C. Trade Mark
D. Identification mark
A. Inflation
B. Deflation
C. Social change
D. Price stability