Which of the following is true?
a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other
b. After acquiring a substitute product, lower prices on both the products
c. After acquiring a complementary product, raise prices on both the products
d. All of the above
a
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The figure above shows Tanya's consumption possibilities. Tanya spends $100 per month on movies and restaurant meals. The price of a movie ticket is ________ and the price of a restaurant meal is ________
A) $7; $15 B) $10; $10 C) $20; $5 D) $5; $20
Under a fixed exchange rate system, a balance of payments deficit may:
A) decrease the country's money supply if there is a non-sterilized central bank intervention. B) decrease the country's money supply if there is a sterilized central bank intervention. C) increase the country's money supply if there is a non-sterilized central bank intervention. D) increase the country's money supply if there is a sterilized central bank intervention.
Suppose we are studying the effects of expanded income supplement for senior citizens on their health. We use the two-group, to-period differences-in-differences setup, with working-age citizens as our control group.Which of the following is a key assumption for the validity of this identification strategy?
A. In the absence of the intervention, theaverage health outcomes would be the same for both groups. B. Before the intervention, the average health outcomes were the same for both groups. C. After the intervention, the average health trends would be the same for both groups. D. In the absence of the intervention, theaverage health trends would be the same for both groups.
The U.S. economy is currently experiencing a standard business cycle.
Answer the following statement true (T) or false (F)