In 2001, the Argentine peso was overvalued relative to the U.S. dollar

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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Sam hires an attorney to present a court case. If Sam wins the case, he will receive some money. This payoff is a function of the attorney's hours and which judge is assigned the case that day

Judge A is very understanding toward people in Sam's position, but judge B is very harsh toward people like Sam. Is it possible for Sam to get the attorney to deliver the optimal amount of effort and make the attorney bear all of the risk?

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If a local dairy farm sells its ice cream to a distributor and contractually restricts the distributor from reselling the ice cream outside of the south east, this is an example of ________.

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By threatening to lockout the workers, the firm has

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Economics