An agricultural price support is an example of a price ceiling
Indicate whether the statement is true or false
False
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Which of the following represents a way in which multinational corporations can protect themselves from exchange rate risks?
A) forward markets B) futures markets C) currency options D) All of the above
Improvements in the productivity of labor will tend to: a. increase the supply of labor
b. increase the demand for labor. c. decrease the supply of labor. d. decrease the demand for labor.
It is generally more profitable for a firm to pay workers more than the going wage rate:
A. in areas in which turnover is not very costly. B. in sectors where skills are scarce. C. in industries in which worker motivation doesn't really matter. D. All of these are true.
The total market value of all final goods and services produced by resources owned by a country, regardless of where production takes place is
A. national income. B. gross domestic product. C. gross national product. D. gross private domestic investment.