An autonomous depreciation of the U.S. dollar makes American goods ________ relative to foreign goods and results in a ________ in U.S. net exports, everything else held constant
A) cheaper; decline
B) cheaper; rise
C) more expensive; decline
D) more expensive; rise
B
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Refer to Figure 1A.2. If this consumer rents 60 DVDs, how many movie tickets will she purchase?
A) 0 B) 5 C) 10 D) 15
Electricity pricing that varies in its billing expense throughout the day is called
a. marginal cost pricing b. variable pricing c. full cost pricing pricing d. marginal pricing e. dynamic pricing
Would a union of all the restaurant workers in your area be more or less successful at winning wage increases without suffering employment losses than a union of all the pizzeria workers in your area? Explain
A policy of marginal-cost pricing will ensure that many regulated industries will lose money
a. True b. False Indicate whether the statement is true or false