Which of the following is not a determinant of demand for laptop computers?
A. Income of buyers of laptop computers
B. The cost of inputs for producing laptop computers
C. The prices of related goods such as software and iPads
D. Expectations about the future price of laptop computers
Answer: B
You might also like to view...
Under a fixed exchange rate regime, if the domestic currency is initially ________, that is, ________ par, the central bank must intervene to sell the domestic currency by purchasing foreign assets
A) overvalued; below B) overvalued; above C) undervalued; below D) undervalued; above
Which of the following is true of cost-push inflation?
a. Cost-push inflation is associated with an economic expansion. b. Cost-push inflation is rarely experienced in developed economies. c. Cost-push inflation is caused by a decrease in aggregate supply. d. Cost-push inflation is identical to demand-pull inflation. e. Cost-push inflation is the result of increased consumer spending.
The process of countries becoming more open to foreign trade and investment is known as
A) autarky. B) globalization. C) protectionism. D) foreign exchange.
Import tariffs generally result in
A) higher domestic prices. B) less consumer surplus. C) more producer surplus for domestic producers. D) a deadweight loss. E) all of the above