Rent-seeking activities have been a major problem in the HPAE and contributed greatly to the Asian financial crisis
Indicate whether the statement is true or false
FALSE
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If the exchange rate depreciates, then the
A) demand for dollars decreases. B) quantity of dollars demanded decreases. C) supply of dollars decreases. D) demand for dollars increases. E) quantity of dollars demanded increases.
Supply-side economic policies seek to
A) raise interest rates through contractionary monetary policy. B) increase federal government expenditures. C) increase consumption expenditures by increasing taxes. D) increase saving and investment using tax incentives.
Government produces higher education in the form of state universities and community colleges and sells the higher education at below-market prices, even though there is a flourishing private market for the good
Indicate whether the statement is true or false
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to which demand shifter?
A) income B) consumer expectations C) consumer preferences D) prices of other goods