Certain behavior associated with expected inflation can
A. allow borrowers to pay with more valuable dollars.
B. allow lenders to collect with more valuable dollars.
C. reduce inflation rates overall.
D. actually increase the overall rate of inflation.
Answer: D
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Which of the following observations is true?
A. TFC remains the same irrespective of units of output produced. B. TVC remains the same irrespective of units of output produced. C. TVC falls as the unit of output increases. D. AFC increases as output increases further and further.
If Jet Cruises chooses to No Ad and Easy Sail then chooses to Ad, Jet Cruises earns ________ million in net profit and Easy Sail earns ________ million.
Jet Cruises wants to prevent Easy Sail from entering the sailboat market. The above game tree illustrates the different strategies and corresponding payoffs for the two firms. Both Jet Cruises and Easy Sail have the same strategies of advertising (Ad) or not advertising (No Ad). The payoffs represent net profit in millions.
A) $4; $3 B) $2; $4 C) $5; $2 D) $10; $2
When bond prices fall, interest rates rise.
Answer the following statement true (T) or false (F)
Karl Marx was critical of markets on the grounds that they are not efficient
a. True b. False Indicate whether the statement is true or false