For a normal good, an increase in consumer income will cause the market demand for the product to:
a. decrease, which is a shift to the left of the demand curve.
b. decrease, which is a shift to the right of the demand curve.
c. increase, which is a shift to the left of the demand curve.
d. increase, which is a shift to the right of the demand curve.
d
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An increase in the price a firm receives for its output will lead the firm to:
A. leave output unchanged and earn greater profits. B. reduce output. C. expand output. D. leave output unchanged and earn smaller losses.
A firm would decide to delist its stock from a foreign stock exchange for all of the following reasons EXCEPT ________.
A) the best price for the stock is in the home market B) there is increased regulation in that particular foreign market C) there are weak market returns on the stock D) there are high trading volumes on the stock
Occasional government intervention in markets for foreign currency is typical of a
A. gold standard. B. floating exchange rate system. C. fixed exchange rate system. D. managed float exchange rate system.
Whites receive nearly double the amount of on-the-job training as minorities
Indicate whether the statement is true or false