Intraindustry trade can lead to lower prices and job creation in both the exporting and the importing nation
Indicate whether the statement is true or false
TRUE
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A benefit from an increase in activity is called the
A) marginal benefit. B) economic benefit. C) total benefit. D) opportunity benefit.
Refer to Table 9.1. Use the rule of thumb to determine in which quarter Gigantica first entered a recession during the years 2010-2012
A) 2010 Q4. B) 2011 Q2. C) 2011 Q4 D) Gigantica did not enter a recession from the years 2010-2012.
If interest rates fall, the M2 money multiplier:
a. Does not change. b. Rises because C/D and U/D rise, and N/D falls. c. Falls because C/D and U/D fall, and N/D falls. d. Falls because C/D, U/D, and N/D rise. e. Falls because C/D and U/D rise, and N/D falls.
Refer to the scenario above. Which of the following will be true if the service center has a reputation of trustworthiness?
A) The equilibrium outcome will be equitable. B) A unique equilibrium will not occur. C) Multiple equilibria will occur. D) The equilibrium outcome will be socially efficient.