If Fuel is Us is in tacit collusion with four smaller propane delivery firms and Fuel is Us consistently makes price changes that the other four firms then also make, this is an example of ________ by Fuel is Us.
A) a meet-or-release clause
B) price leadership
C) a meet-the-competition clause
D) a precommitment
B) price leadership
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If the central bank does not purchase foreign assets when output increases but instead holds the money stock constant, can it still keep the exchange rate fixed at ? Please explain
What will be an ideal response?
Convertible shareholders can
a. convert their shares into bonds at any time b. convert their shares into preferred stock at any time c. convert their shares in one corporation to shares in another corporation in a one-to-one ratio at any time d. convert their shares into common stock at any time e. vote at shareholder meetings on important corporate matters
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to which demand shifter?
A) income B) consumer expectations C) consumer preferences D) prices of other goods
If the natural rate of unemployment in a country is 6% and the unemployment rate in the country is 8%, the cyclical unemployment in the country must be:
A) 8%. B) 6%. C) 14%. D) 2%.