Which is NOT an example of signaling high quality in a social setting
a. wearing a business suit on a job interview
b. leaving a big tip for the waiter after a dinner date
c. offering a cheap engagement ring to your bride
d. Visiting the beauty salon before a big date
b
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What has been learned since 1973 with regards to the experience with floating exchange rate regime?
What will be an ideal response?
Who believes that marginal analysis provides the best model of a firm's behavior?
a. William Baumol b. John K. Galbraith c. Milton Friedman d. Richard Lester e. Lester Thurow
In a 2007 New York Times article Paul Krugman wrote that
a. the infant-industry argument works well as an argument in favor of protection for the U.S. steel industry. b. the negative effects of third world exports on U.S. wages may be increasing. c. there are social gains to the U.S. from free trade. d. high wage countries account for a growing share of U.S. imports of manufactured goods.
An increase in a nation's financial liabilities to foreign residents is a
A. capital imports. B. capital outflow. C. reserve inflow. D. reserve outflow.