A sudden appreciation in the exchange rate of a country deteriorates the terms of trade of the country
a. True
b. False
Indicate whether the statement is true or false
True
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In a competitive equilibrium, the total consumer surplus must equal the total producer surplus
Indicate whether the statement is true or false
Why is a bond considered to be a loan but a share of stock is not?
What will be an ideal response?
Key features of the American labor market in the postwar period include all of the following except:
a. the growth of service sector employment. b. increased labor force participation rate of women with young children. c. steadily increasing union membership. d. the erosion of discriminatory barriers for women and minority members.
If companies who took into account an externality want to supply more at any given price compared to the original supply, they must have addressed a:
A. positive externality. B. negative externality. C. network externality. D. social externality.