In the table above, which case has the lowest relative price for a hamburger?

A) case A
B) case B
C) case C
D) All three cases have an equal relative price for a hamburger.


A

Economics

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If prices and wages are completely flexible, expansionary monetary policies will ______.

a. set RGDP to zero b. decrease RGDP c. increase RGDP d. not change RGDP

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Your Uncle Harry gives you stock in Samsung for your birthday. The stock is an example of:

A. foreign direct investment. B. importing. C. foreign portfolio investment. D. exporting.

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A) the greater the interest rate. B) the less the time period before receiving the sum. C) the greater the inflation rate. D) the greater the discount rate.

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