Technical forecasting relies on trends in economic variables to predict future exchange rates.
a. true
b. false
b. false
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Which would be considered to be one of the factors that shift the aggregate supply curve? A change in:
A. consumer expectations on investment projects. B. consumer spending. C. government regulation. D. net export spending.
A multi-plant monopolist produces more than if each of its plants were a separate firm in a competitive market.
Answer the following statement true (T) or false (F)
The study of factors that contribute to the economic development of a country is
A. the new technology theory. B. population growth economics. C. development economics. D. classical growth theory.
The Indianapolis Motor Speedway hosts the Indianapolis 500 and the Brickyard 400, in addition to other races. During their respective peaks, both events were sellouts. During the late-1990s, the Indianapolis 500 experienced a dry period with 100,000 or more empty seats. This is evidence that the ticket prices were too high.
Answer the following statement true (T) or false (F)