Fixed exchange rate is the rate determined in foreign exchange markets by the forces of demand and supply without government intervention
Indicate whether the statement is true or false
false
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Investment, as defined by economists, would not include which of the following? Ford
A) adds 1,000 new cars to inventories. B) builds another assembly plant in the United States. C) buys a new robotic machine (from a plant in Ohio) to assemble cars. D) buys U.S. government bonds.
The restriction or prohibition of trade in order to put political pressure on a country is:
A. a source of quota rent. B. a tariff. C. unfair practice. D. an embargo.
By summing the quantities demanded by individuals at each price we obtain the
A) equilibrium price. B) market demand curve. C) market supply curve. D) individual demand curve.
The government forcing a monopoly telecommunications company to allow other firms to use its cables is an attempt to
A) regulate prices. B) decrease the monopoly market power by eliminating a natural monopoly. C) decrease the monopoly market power by increasing competition. D) None of the above.