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Question 5. a)

. From a macroeconomic point of view, which of the following is a source of demand for financial capital?

The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of            .  

  The price elasticity of demand measures the:

. ________________ economists place an emphasis on __________ run economic performance.

Question 5. b)

The term _______________ refers to a firm operating in a perfectly competitive market that must take the prevailing market price for its product.  

__________________ are ways that a nation can draw up regulations, inspections, and paperwork to make it more costly or difficult to import products.

The _____________ is an example of a large-scale common currency.

Stock options give the owner the right to purchase common stock at a fixed price over a specified period of time. As the stock’s price increases above the fixed option price, the value of the option increases.