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NEW QUESTION: 1
When the price of a good changes, the substitution effect can be found by comparing the equilibrium quantities purchased
A. on the old budget line and the new budget line.
B. on the new budget line and a hypothetical budget line that is a parallel shift back to the original indifference curve.
C. on the original indifference curve when faced with the original prices and when faced with the new prices.
Answer: C
NEW QUESTION: 2
Deposit in many banks are insured by the ______________, which ensure that depositors will get their money back up to a stated limit, if a bank should fail:
A. None of these
B. Financial Deposit Insurance Corporation
C. Federal Deposit Insurance Corporation
D. Federal Deposits and Investment committee
Answer: C
NEW QUESTION: 3
Huawei X6800 adopts Intel® Xeon® processors.
A. FALSE
B. TRUE
Answer: B
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