Economists agree that trade ought to be restricted if free trade means that domestic jobs might be lost because of foreign competition
a. True
b. False
Indicate whether the statement is true or false
False
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Tight monetary policy ________ interest rates which ________ the demand for a currency and ________ the fundamental value of the exchange rate.
A. increases; increases; decreases B. decreases; decreases; decreases C. increases; increases; increases D. increases; decreases; increases
Name the four types of market structure in order from most competitive to least competitive
What will be an ideal response?
Bonds without a maturity date are called
A) zero-coupon bonds. B) preferred bonds. C) common bonds. D) consols.
A firm switching from a single price to a price discrimination scheme will ________ the price for the group of consumers with a relatively elastic demand and ________ the price for the group of consumers with a relatively inelastic demand.
A. decrease; increase B. decrease; decrease C. increase; increase D. increase; decrease