Pressure to redistribute the economic pie is strong when the economy is booming
Indicate whether the statement is true or false
F
You might also like to view...
The principal advantage of the game theory approach is that it allows us to
a. take all possible information into consideration before developing a theory b. better understand why the firm in a competitive industry avoids games c. better understand how the government should regulate a natural monopoly d. better understand decision making when one person's choices affect another person's choices e. understand the relationship between the firm and the industry demand curves
If X and Y are complementary goods, the demand curve for X will shift to the right when the price of Y increases
a. True b. False Indicate whether the statement is true or false
Which of the following is not associated with strikes?
A. Strike duration is generally procyclical. B. If the union makes wage offers, it will likely do so according to a downward-sloping resistance curve. C. Strikes are costly to the union. D. Strikes are costly to the firm. E. The probability of striking is generally procyclical.
Answer the following statements true (T) or false (F)
1) A system of fixed exchange rates is more likely to result in exchange controls than is a system of flexible (floating) exchange rates. 2) A nation that imports more goods and services than it exports is necessarily realizing an international balance of payments deficit. 3) The United States has had significant trade and current account surpluses in recent years. 4) A current account deficit will reduce U.S. foreign indebtedness.