In which market should you begin your analysis if immigration of low-skilled workers increases?
a. Foreign exchange market, with a shift in the demand for domestic currency
b. Real loanable funds market, with a shift in the demand for real loanable funds
c. Foreign exchange market, with a shift in the supply of domestic currency
d. Real goods market with, a shift in aggregate supply
e. Real loanable funds market, with a shift in the supply of real loanable funds
.D
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When a monopolist maximizes profit, its marginal cost will
a. be less than its average fixed cost. b. be less than the price per unit of its product. c. exceed its marginal revenue. d. equal its average total cost.
Say the supply of a product falls while the demand stays the same. This causes the free market ________
a. price to increase and equilibrium quantity to increase b. price to increase and equilibrium quantity to decrease c. price to decrease and equilibrium quantity to increase d. price to decrease and equilibrium quantity to decrease
The interest payment on a bond is called
A) the coupon payment. B) the face value. C) principal. D) the interest rate.
A ________ makes investment in established businesses which are publicly traded and takes them private
A) sovereign wealth fund B) capital buyout fund C) hedge fund D) venture capital fund