Speculation would involve using forward contracts and options to reduce the exchange rate risk on future foreign exchange transactions

Indicate whether the statement is true or false


FALSE

Economics

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Cost-push inflation starts with

A) an increase in potential GDP. B) a decrease in aggregate demand. C) a decrease in aggregate supply. D) an increase in aggregate supply. E) an increase in aggregate demand.

Economics

________ is an example of a common pool resource

A) Food B) Water C) National defense D) Wi-Fi

Economics

Which of the following would cause a decrease in the supply of peanut butter?

A) a decrease in the price of peanut butter B) an increase in the technology used to produce peanut butter C) a decrease in the price of jelly (assuming that peanut butter and jelly are complements) D) an increase the price of peanuts

Economics

Suppose that the cross price elasticity of demand between good X and good Y is -1.55. This indicates that the two goods are

A) substitutes. B) complements. C) both inferior. D) completely unrelated in the minds of consumers.

Economics