Duplicate of Markets Test Review (unit 3)

Which of the following is the most illiquid asset?

Canada's prime rate is rougly what %

refusing to take a new job with a higher salary might be caused by

One years interest on a 2000 dollar loan at 5% would total

Proceeding with a land deal after spending $50 thousand on planning might be influenced by

which of the following does not help prevent instability

Elastic products have what effect on total revenue when price is increased

market structure describe by marketing campaigns and giveaways, with lots of competition

A natural monopoly is a situation in which:

Decreasing interest rates increase peoples buying power for goods and services such as housing

higher interest rates

What is the relationship between the following 2 interest rates?

Which of the following concepts can affect the business cycle?

"Process of building up Vapital stock of country or company to make new goods and services"

What is the affect of increased interest rates on Aggregate Demand?

Who sets the bank rate?

which is not sometimes a criticism of Globalization?

Globalization has led to a vast expansion in the size of the global economy

Which of the following does not describe an oligopoly

Economic instability itself breeds stability

What is a market?

Which of the following is NOT a function of money

Which do people often struggle to find the best deal on a used toyota corolla?