If inflation in the rest of the world is lower than inflation in Brazil, Brazil's currency (the real) would tend to appreciate
Indicate whether the statement is true or false
FALSE
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The Affordable Care Act (Obama Care) requires people to sign up for health insurance or pay a penalty. This seems harsh to some but others claim it is good policy because
A. the cost to fake principle implies that it is hard to hide sickness or injury. B. adverse selection will cause premiums to continually increase eliminating many from care. C. statistical discrimination means that health care plans are losing propositions for everyone. D. health care premiums are higher than expected loses even for the highest risk patients.
There is resistance to exchange rate fluctuations because changes in the value of a currency are likely to cause all of the following except
A. Uncertainty for people who invest in world markets. B. A change in the price of imports. C. A change in the price of exports. D. The return to a worldwide gold standard.
Which market model is characterized by many firms, differentiated products, and relatively easy entry?
A. Pure competition B. Monopolistic competition C. Pure monopoly D. Oligopoly
Which diagram below illustrates the effect on the natural-gas market, with the widespread use of "fracking" or hydraulic fracturing by gas-drilling companies?
In the diagrams below, the subscript "1" refers to the initial position of the curve, while the subscript "2" refers to the final position after the curve shifts.
A. A
B. B
C. C
D. D