In a market where there are strong social and political forces:
A. quantity demanded might not equal quantity supplied.
B. quantity demanded will be expected to equal quantity supplied.
C. the invisible hand will overcome all other forces.
D. the market will be in disequilibrium.
Answer: A
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Foreign direct investment includes portfolio investment
a. True b. False Indicate whether the statement is true or false
In order for a firm to face a perfectly elastic demand curve, it must
a. be a large firm selling a standardized product b. be a small producer selling a standardized product c. be a small producer; its product may or may not be standardized d. be a large producer selling a non-standardized product e. sell a standardized product, but the size of the firm is irrelevant
Suppose you place $500 into a savings account that will pay you 6% interest per year. What will be the future value of the savings account in 15 years?
Holding all else constant, a decrease in U.S. real GDP will ________ the supply for dollars in the foreign exchange market and ________ the equilibrium Mexican peso/U.S. dollar exchange rate.
A. increase; decrease B. increase; increase C. decrease; decrease D. decrease; increase