Which of the following is most likely to be asset price inflation?
A. A rise in the current price of assets caused by expectation of higher asset prices in the future
B. A rise in the current price of assets caused by an increase in the riskiness of financial assets
C. A rise in the current price of assets caused by a shift in people's time preference
D. A rise in the price of assets caused by an increase in the underlying productivity of those assets
Answer: A
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Goodyear Tire and Rubber Company and the United Steelworkers recently
A. ended a bitter strike. B. went to arbitration to avert a strike. C. agreed to major concessions including a wage freeze, job cuts, plant upgrades, and limited imports. D. agreed to large pay increases tied to productivity gains.
Which of the following was established first?
a. gatt b. nafta c. wto d. a and b were established at the same time
Which of the following is true at the output level where average total cost is at its minimum?
A) Marginal cost equals average total cost. B) Average variable cost equals fixed cost. C) Marginal cost equals average variable cost. D) Average total cost equals average fixed cost.
Suppose a U.S. dollar exchanges for 0.8 euros, then each euro is worth
A. $1.25. B. $1.20. C. $0.80. D. $0.20.