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Author Question: Now suppose competition among several market makers forces the spread down to 4 . How many goods are ... (Read 40 times)

jjjetplane

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Now suppose competition among several market makers forces the spread down to 4 . How many goods are traded?
 a. Four
  b. Five
  c. Six
  d. Seven

Question 2

The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as:
 a. secular trend
  b. cyclical variation
  c. seasonal effect
  d. unpredictable random factor
  e. none of the above



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yeungji

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Answer to Question 1

a

Answer to Question 2

b





 

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