If there is a sudden jump in the inflation rate, the purchasing power of financial assets will immediately fall
a. True
b. False
Indicate whether the statement is true or false
True
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In the foreign exchange market, the quantity U.S. dollars demanded is a function of:
A) the amount of imports and the level of capital outflows. B) the amount of exports and the level of capital outflows. C) the amount of exports and the level of capital inflows. D) none of the above.
Maximizing the utility of the person with the minimum utility is known as
A. the minimax criterion. B. the maximin criterion. C. the Hicks-Kaldor criterion. D. the Corlett-Hague Rule.
A creator of an action movie who wants to protect their intellectual property would apply for which of the following?
A) a trade secret B) a copyright C) a patent D) a trademark
Public policy responses to monopolies:
A. always have more benefits than costs to society. B. always have more costs than benefits to society. C. never benefit society in the end. D. could aim to break up existing monopolies.