If penalties are imposed only on the buyers of illegal drugs, the equilibrium price of illegal drugs will ________ and the equilibrium quantity will ________
A) rise; increase
B) rise; decrease
C) fall; increase
D) fall; decrease
D
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Provide a concise statement on the relationship between multinational corporation investment and economic activity in developing countries with respect to: a
the three gaps, (b) comparative advantage, (c) the debt crisis, (d) scale economies, and (e) pattern of consumption.
When the nominal exchange rate in terms of dollars per yen rises
A) the dollar buys more yen and the dollar has depreciated. B) the dollar buys fewer yen and the dollar has depreciated. C) the dollar buys more yen and the dollar has appreciated. D) the dollar buys fewer yen and the dollar has appreciated.
Which of the following groups believes that the money supply should be expanded at a steady, predictable rate to ensure a natural rate of unemployment?
A. Monetarists. B. Keynesians. C. New classical economists. D. Supply-siders.
Although financial crises can be unpredictable, they are usually preceded by identifiable vulnerabilities
Indicate whether the statement is true or false