If timber prices are rising slower than the rate of interest then
A. investors should harvest timber instead of buying bonds.
B. investors should buy bonds instead of harvesting timber.
C. timber prices should increase.
D. bond prices should decrease.
Answer: B
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Consider the indifference maps shown above. If X and Y are perfect substitutes, your indifference curves between them would look like those in
A) Figure A. B) Figure B. C) Figure C. D) Figure D.
Free trade agreements between the United States and Canada started with the auto industry in the year 1965
Indicate whether the statement is true or false
It is more likely for tacit collusion to occur in the ________ market compared to the ________ market.
A) dog food; electric car B) electric car; fast food C) fast food; electric car D) fast food; commercial airline
Some argue that a nation should not depend too heavily on other countries for supplies of certain key products, special materials, or technologies that might have ______________ applications.
a. general b. scientific c. national security d. international