"Dumping" means destroying goods to prevent driving down the price
a. True
b. False
Indicate whether the statement is true or false
False
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The total public debt as a percentage of GDP for the United States in 2011 was in the vicinity of
a. 25 percent. b. 70 percent. c. 90 percent. d. 120 percent.
On the basis of the rational expectations theory we can say that, the aggregate supply in an economy depends on what sort of macroeconomic course policy makers are expected to pursue
Indicate whether the statement is true or false
When the price of taking a ride in Uber increases, the demand for Lyft rides increases, ceteris paribus. Uber and Lyft are therefore
A. Elastic. B. Substitutes. C. Inelastic. D. Complements.
In which decade did the U.S. federal government first establish a system of agricultural price supports?
A) 1990s B) 1970s C) 1950s D) 1930s