The purchasing power parity theory is limited in its applicability by the facts that some goods are not internationally traded and some countries impose tariffs on imported goods
a. True
b. False
Indicate whether the statement is true or false
True
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The table below shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15.Number ofCar WashesPer MonthTotal MonthlyBenefit fromCar Washes0$01$202$363$484$565$60What is the marginal cost of the 5th car wash each month?
A. $4 B. $14 C. $15 D. $12
In recent years the life insurance industry has emphasized
A) whole life policies. B) group insurance. C) less risky investments. D) the purchase of short-term assets.
Using the above figure, the perfectly competitive firm should shut down if the market price is below
A) P1. B) P2. C) P3. D) P4.
Funds that earn a fixed rate of interest and must be held for a stipulated period of time are known as
a. check able deposits. b. time deposits. c. savings deposits. d. money market funds.