According to J-curve theory, imports initially increase after a country's currency depreciates, but in the long run imports decrease
Indicate whether the statement is true or false
True
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After an NFL team wins a Super Bowl the next year the tickets are much harder to find and more expensive. This is caused by a(n)
A. decrease in demand but the supply remaining the same. B. increase in demand but the supply remaining the same. C. increase in supply but the demand remaining the same. D. decrease in supply but the demand remaining the same.
Tom is willing to contribute $400 toward building a public park, Jack is willing to contribute $500, and Joe is willing to contribute $750
What is the total marginal value for the park if Tom, Jack, and Joe are the only residents in the neighborhood where the park is being built? A) $1,650 B) $1,050 C) $3,300 D) $2,350
The ________ is below the coupon rate when the bond price is ________ its par value
A) yield to maturity; above B) yield to maturity; below C) discount rate; above D) discount rate; below
The median voter model suggests that _____
a. extreme candidates are unlikely to change positions over time b. extreme candidates have an easier time winning election because of the fervor of their supporters c. extreme candidates will have a difficult time winning election d. extreme candidates will be able to move a party's platform to better fit their positions