A ________ monopoly sells different units of its good or service for ________
A) price-discriminating; different prices
B) price-discriminating; the same price
C) single-price; the same price
D) single-price; different prices
E) Both Answers A and C are correct.
E
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The Eurocurrency market grew due to a lack of regulation, which permits greater efficiency in providing banking services
Indicate whether the statement is true or false
Flexible exchange rates, proving to be much ________ volatile than economists predicted, have led to ________ calls for a return to fixed exchange rates
A) less, few B) less, many C) more, few D) more, many
The immediate effect of a member bank's sale of U.S. government securities to the Fed is a(n):
a. increase in that bank's required reserves. b. decrease in that bank's required reserves. c. increase in that bank's excess reserves. d. decrease in that bank's excess reserves. e. decrease in the Fed's assets.
If Boliva's terms of trade changes from 1.00 to 1.20, it implies that
a. Bolivia is exporting more than it's importing b. Bolivia is importing more than it's exporting c. Bolivia's export prices have risen relative to its import prices d. Bolivia has lost the comparative advantage in the production of goods e. Bolivia now has an absolute advantage in the production of goods