Private information is a situation in which
A) two parties to an exchange have information that is available to outsiders if they ask.
B) one party to an exchange has information that is not available to the other.
C) the marginal cost of a person's obtaining additional information is zero.
D) the marginal cost of making information available to one more person is zero.
B
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If the Federal Reserve conducts an open market purchase, the
A) interest rate will not change. B) interest rate will increase. C) money supply is decreased. D) interest rate will decrease.
Which of the following is a bias in the CPI?
i. new goods bias ii. index change bias iii. commodity substitution bias A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii
What are the major factors that a TNC should weigh in deciding to invest in a developing country?
What will be an ideal response?
If the money demand curve shifts rightward, the AD curve also shifts rightward
a. True b. False