A warranty is an example of ________
A) sniping
B) signaling
C) a price floor
D) a price ceiling
B
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If a currency such as the US$ is traded in a competitive market, a(n) ________ in demand for the US$ ________ the price of the US$ in terms of another currency such as the Japanese Yen (¥)
A) increase; lowers B) increase; raises C) decrease; raises D) change; lowers
In 2009, the Social Security System ran a surplus of approximately $137 billion
a. True b. False Indicate whether the statement is true or false
What is the cyclical deficit, and when is it appropriate to have such a deficit? Why?
What will be an ideal response?
Holding other factors constant, if new technology becomes available that allows machines to produce manufactured goods more quickly and with fewer defects, then the real interest rate will ________ and the equilibrium quantity of national saving and investment will ________.
A. increase; not change B. decrease; increase C. increase; increase D. increase; decrease