If M = $5,000, P = $20, and Q = 2,000, then V is
A) 2.0.
B) 4.0.
C) 5.0
D) 6.0
E) 8.0
E
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The concept of economies of scale becomes especially relevant to international trade when it enables
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There is a trade-off between having prices that the government believes are too low and having a chronic excess supply
Indicate whether the statement is true or false
In a short-run macroeconomics equilibrium, real GDP exceeds potential GDP, so the...
What will be an ideal response?
Monetary policy under a fixed exchange-rate regime will be
A. more effective than fiscal policy. B. more powerful with high capital mobility than with low capital mobility. C. constrained and relatively ineffective. D. likely to cause large and persistent deficits.