Lately, the Chinese authorities seem to be backing away from ____ and the Yuan has ____ relative to the dollar

a. managed-float; devalued
b. currency peg; depreciated
c. floating rate; revalued
d. currency peg; appreciated


d

Economics

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Suppose regulators impose a price ceiling on a monopoly. If the price ceiling is set too high

a. deadweight loss will be eliminated. b. deadweight loss will be reduced. c. deadweight loss will be increased. d. deadweight loss will not be affected.

Economics

If Big Pools charges an annual membership fee of $500 per person for the use of their pool and charges a $4 fee each time a member uses the pool, this is an example of ________.

A) an all-or-nothing offer B) commodity bundling C) a single pricing scheme D) two-part pricing

Economics

During the Cold War era, the U.S.:

A. did not engage in any foreign aid because of the severe cost of fighting the war. B. gave foreign aid to prevent the spread of communism, while Russia did the same in an effort to align countries with the Communist bloc. C. gave foreign aid, while the Russians demanded reparations from many of the same countries. D. gave foreign aid to promote their communistic support.

Economics

Refer to the information provided in Figure 15.5 below to answer the question(s) that follow.  Figure 15.5 Refer to Figure 15.5. Assume The Custom Sweater Shop has fixed costs of $350 and is a monopolistically competitive firm. To maximize profits in the short run, this firm should produce ________ personalized sweaters.

A. 100 B. 75 C. 50 D. 0

Economics