Those who will unambiguously gain from free trade are ________ factors in sectors that produce goods that are ________
A) immobile; exported
B) immobile; also imported
C) mobile; also imported
D) mobile; exported
E) mobile; untraded
A
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Which of the following institutions is responsible for ensuring that enough currency and coins are circulating through the financial system to meet public demands?
a. U.S. Department of the Treasury b. Comptroller of the Currency c. Federal Reserve d. Federal Deposit Insurance Corporation
If price rises, what happens to demand for a product?
a. It increases. b. It decreases. c. It does not change. d. Uncertain-economic theory has no answer to this question.
When a hotel charges a much higher price for their luxury suites than their deluxe rooms, is this price discrimination?
A. No. These are two different goods/services. B. Yes., as long as the price per square foot is the same. C. Yes, as long as they are booked online. D. Yes, as long as they offer both rooms to the same customer.
Supercut beauty salon merges with Clean-Cut beauty salon. This is an example of
A. vertical merger. B. horizontal merger. C. concentration ratio. D. conglomerate merger.