With rent controls, which of the following is most likely to occur?
A) decreased search activity
B) black market activity
C) a building boom
D) a housing surplus
B
Economics
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Which of the following is most important in explaining exchange rate fluctuations in the short run?
A) relative price levels across countries B) relative rates of productivity growth across countries C) preferences for domestic and foreign goods D) interest rates
Economics
Describe some of the gains from lowering trade barriers that may be difficult to measure
What will be an ideal response?
Economics
The reduction or covering of a foreign exchange risk is called
A) hedging. B) speculation. C) intervention. D) arbitrage.
Economics
Refer to Figure 10.3. What is the competitive price?
A) P1 B) P2 C) P3 D) P4 E) P5
Economics