Inventory reductions are a signal indicating that
a. the economy is close to disaster.
b. the Dow Jones Industrial Average will fall.
c. manufacturers need to increase production.
d. All of the above are true.
c
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If the wheat harvest next summer in Canada will be much less than had been expected, there will tend to be
A) a decrease in the price of wheat futures and an increase in the current cash price of wheat in the US. B) a decrease in the price of wheat futures and in the current cash price of wheat in the US. C) an increase in the price of wheat futures and a decrease in the current cash price of wheat in the US. D) an increase in the price of wheat futures and in the current cash price of wheat in the US.
Which statement is true?
A. Industry Y has a Herfindahl-Hirschman Index of 95.
B. Industry Y has an H-H-I of 100.
C. Industry Y has an H-H-I of 1,000.
D. Industry Y has an H-H-I of 2,738.
Exhibit 9-1 A monopolistic competitive firm
?
As represented in Exhibit 9-1, the maximum long-run economic profit earned by this monopolistic competitive firm is:
A. zero. B. $200 per day. C. $1,000 per day. D. $20,000 per day.
If investors begin to expect a decrease in the value of the Thai baht vis-à-vis other currencies, their actions will cause
A. the actual depreciation to occur much faster. B. the Thai baht to appreciate immediately. C. a decrease in Thai interest rates. D. a large inflow of foreign capital into Thailand.