Government rules can increase transparency and lower market efficiency
Indicate whether the statement is true or false
False
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Exports are positively related to domestic income and negatively related to the exchange rate
Indicate whether the statement is true or false
When government policies change it can:
a. alter incentives b. alter trade-offs c. change opportunity costs d. do all of the above.
Who from among the following is counted as employed?
A. Frank would like to work, but has not looked for work because he believes no jobs are available. B. Ray wants to work forty hours per week, but can only find work for twenty hours per week. C. Martin has been offered several jobs in the past four weeks, but has chosen not to accept any of the offers. D. Anna Marie spends all of her time taking care of her children at home.
The law of one price is not expected to hold for:
A. differentiated goods. B. financial assets. C. oil. D. commodity goods.