Which of the following is a typical example of an increasing-cost industry?
a. a tuna fishing company
b. a safety pin maker
c. a department store
d. a bank
a. a tuna fishing company
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Which of the following would shift the demand curve for autos to the right?
a. A fall in the price of autos. b. A fall in the price of auto insurance. c. A fall in consumers' incomes. d. A fall in the price of steel.
A graph conveys information about a cause-and-effect relationship
a. True b. False Indicate whether the statement is true or false
For a country like the United States, explain why the CPI would increase at a faster rate than the GDP deflator during periods of oil and gasoline price increases
A "dirty float" is a system
A. Of free-floating exchange rates. B. Of managed exchange rates. C. Based on the gold standard. D. Of fixed exchange rates.