A. lower interest rates
B. A better balance of trade position
C. Faster economic growth
D. Lower unemployment
A. French Guiana
B. Surinam
C. Solomon Islands
D. Gabon
A. to main peace in the Middle East
B. access to the Mediterranean Sea
C. to reestablish the Byzantine Empire
D. The rich farmland of the Anatolian Plateau
A. legal instrument used to grand a right
B. Something done
C. legal instrument
D. none of the above
A. free trade area
B. customs union
C. common market
D. economic union
A. The study of very large industries is a topic within macroeconomics
B. Macroeconomics is concerned with economy-wide phenomena
C. Microeconomics is a building block for macroeconomics
D. Microeconomics and macroeconomics cannot be entirely separated
A. choose a price below the market equilibrium price
B. allow the market to seek equilibrium on its own.
C. Choose any price the planner wants because the losses to the sellers (buyers) from any change in price are exactly offset by the gains to the buyers (sellers).
D. choose a price above the market equilibrium price