One of the arguments supporting new classical theory is the policy ineffectiveness proposition (PIP)
Indicate whether the statement is true or false
True
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When disposable income increases, saving will
A) not change. B) increase, and the supply of loanable funds curve shifts rightward. C) decrease, and there is a movement downward along the supply of loanable funds curve. D) increase, and there is a movement upward along the supply of loanable funds curve. E) decrease, and the supply of loanable funds curve shifts leftward.
Greenaqua Corp . was given the exclusive right to produce and sell its newly introduced water purifier for 20 years. The right granted to Greenaqua is an example of a:
A) patent. B) blueprint. C) copyright. D) trademark.
When the U.S. dollar depreciates against other currencies:
a. foreign goods become less expensive to U.S. buyers. b. U.S. goods become more expensive to foreign buyers. c. foreign currencies depreciate against the U.S. dollar. d. the volume of U.S. imports decline. e. the volume of U.S. exports decline.
Price discrimination refers to
A) selling a product at different prices according to the differences in marginal cost of providing it to different consumers. B) selling a product at different prices, with the price difference being unrelated to differences in marginal cost. C) charging the same prices to all consumers but selling them different quantities. D) a deliberate effort on the part of a monopoly producer to confuse consumers.