Past centuries witnessed two important stock price bubbles. The first one occurred between ________, and the second one occurred between ________
A) 1927-29; 2006-08
B) 1973-76; 2006-08
C) 1965-73; 1996-2000
D) 1927-29; 1996-2000
D
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A decrease in Swiss prices will cause
A) an increase in the demand for U.S. dollars and an increase in the exchange rate of Swiss francs per dollar. B) a decrease in the demand for U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar. C) an increase in the supply of U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar. D) a decrease in the supply of U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.
If the long-run aggregate supply curve is vertical
A) the short-run Phillips curve must be vertical. B) the economy stays at the natural rate of inflation in the long run. C) the trade-off between unemployment and inflation cannot be permanent. D) unemployment and inflation are positively related in the long run.
Why might population growth and immigration stimulate economic growth?
What will be an ideal response?
Suppose that Megabucks Corporation is earning an economic profit of $4,000 through the sale of a product. If the price of the product is $6 per unit and its ATC is $4 per unit, Megabucks must be producing 8,000 units
a. True b. False Indicate whether the statement is true or false