Theory B predicts that everything that happens, happens for a reason - although we may not know what the reason is. This theory

A) can be refuted.
B) probably cannot be refuted.
C) is a good explanation for what happens.
D) is the kind of theory that scientists like to build because it can explain so much.


B

Economics

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China began pegging its currency, the yuan, to the dollar in 1994

Because the yuan has been ________ at the pegged exchange rate, the Chinese government ________ its reserves of dollars as the government purchased more ________ to maintain the pegged exchange rate. A) undervalued; decreased; yuan B) overvalued; increased; yuan C) undervalued; increased; dollars D) overvalued; decreased; yuan

Economics

Commercial paper has a maximum maturity of

A) one day. B) seven days. C) 30 days. D) 270 days.

Economics

Having a goal that does not include making a profit can often explain why the unprofitable idea has not been implemented. These types of ideas may include:

A. promoting social justice. B. helping the poor. C. making great art. D. All of these.

Economics

Refer to the above diagram. The firm will shut down at any price less than:

A. P1.
B. P2.
C. P3.
D. P4. 

Economics