Prior to agreeing to join NAFTA, Mexico had followed a free trade policy for more than 30 years
Indicate whether the statement is true or false
FALSE
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Which of the following would reduce the labor force participation rate, all else equal?
A) an increase in the working-age population B) an increase in the unemployment rate C) a decrease in the unemployment rate D) an increase in the number of people in the labor force
Explain the forecast error, ut+1, in terms of: (1 ) Its equation (what it is equal to) (2 ) How it is used (3 ) Its accuracy
What will be an ideal response?
Which of the following is correct with regard to the supply of money?
a. The money supply is inversely related to the interest rate. b. The money supply is independent of the interest rate. c. The money supply is positively related to the interest rate with a relatively flat slope. d. The money supply curve is horizontal. e. The money supply is positively related to the interest rate with a relatively steep slope.
Offering a product at a price below marginal cost is a more effective pricing strategy if
A. opportunity costs are higher. B. information costs are higher. C. information costs are lower. D. sunk costs are higher.