At this point, potential gains from further tariff reductions worldwide are
A) still very large.
B) equal to zero.
C) relatively small.
D) not worth the cost of negotiations.
C
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If lenders anticipate no changes in liquidity, information costs, and tax differences, the yield on a risky security should be
A) greater than that on a safe security and the price of a risky security should also be greater than that of a safe security. B) less than that on a safe security and the price of a risky security should also be less than that of a safe security. C) greater than that on a safe security and the price of a risky security should be lower than that of a safe security. D) less than that on a safe security and the price of a risky security should be greater than that on a safe security.
In a price index, the quantity of goods and services being measured between two periods
a. must be increased. b. must be held constant. c. must be decreased. d. should be increased or decreased.
Suppose $1 Canadian is worth 13 Mexican pesos, then a bike that costs $2,000 Canadian should sell for 30,000 pesos in Mexico
a. True b. False Indicate whether the statement is true or false
According to Keynesian analysis, if government expenditures and taxes are increased by the same amount, which of the following will occur?
A) Aggregate supply will decrease B) Aggregate supply will increase C) Aggregate demand will be unaffected D) Aggregate demand will decrease E) Aggregate demand will increase