In the long run, ________ dominate exchange rate movements
A) short-run inflation differentials
B) long-run inflation differentials
C) short-run relative price changes
D) All of the above
B
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Alison is deciding how to spend the next hour. We ask her to rate the utility she would get from an hour of each activity. She would get utility of 4 from an hour of reading, utility of 2 from an hour of playing video games, and utility of 6 from jogging. Based on this information, economists could predict that Alison will:
A. read. B. play video games. C. go jogging. D. do nothing, since none of the activities give her utility greater than 10.
What does "T" represent in the SWOT matrix?
a. threats b. tariffs c. taxes d. talents
When individual supply curves shift, ceteris paribus, the market supply curve shifts.
Answer the following statement true (T) or false (F)
The per se rule was an antitrust law guideline that emphasized ____ over ____.
A. price; quantity B. quantity; price C. behavior; size D. size; behavior