Contrary to the product market, in the currency market demand is positively sloped reflecting the greater speculative yield potential from high priced currencies
Indicate whether the statement is true or false
F
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What are the different types of price discrimination?
What will be an ideal response?
In the above figure, the marginal cost curve is curve
A) A. B) B. C) C. D) D.
The concept of loss aversion is:
A. preferring certain outcomes over uncertain ones. B. a general tendency for people to put more effort into achieving gains than avoiding losses. C. a general tendency for people to put more effort into avoiding losses than achieving gains. D. a spectrum of tolerance for risky situations.
Computation of gross domestic product by the expenditure method would include the purchase of:
A. a school building by the U.S. Department of Education. B. fertilizer by a farmer. C. government bonds by a commercial bank. D. cement by a construction company.