Before developing an expectation on inflation, Jenny reads through all available material on consumer price indexes and producer price indexes
Later she also reads through recent magazines and newspapers to identify factors that could affect the inflation rate in the coming days. Jenny can be said to have:
A) conditional expectations. B) rational expectations.
C) marginal expectations. D) adaptive expectations.
B
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What do you think of the following statement: To the extent to which individuals are aware of their self-control problems, markets can address the issue successfully.
What will be an ideal response?
Assume, for Mexico, that the domestic price of beets without international trade is higher than the world price of beets. This suggests that, in the production of beets,
a. Mexico has a comparative advantage over other countries and Mexico will export beets. b. Mexico has a comparative advantage over other countries and Mexico will import beets. c. other countries have a comparative advantage over Mexico and Mexico will export beets. d. other countries have a comparative advantage over Mexico and Mexico will import beets.
Which would decrease investment demand?
a. A decrease in the stock of capital goods on hand b. A decrease in business taxes c. An increase in the rate of technological change d. An increase in the cost of acquiring capital goods
Slope is calculated as the:
A. change in the vertical variable divided by the change in the horizontal variable. B. change in the horizontal variable divided by the change in the vertical variable. C. the vertical axis divided by the horizontal axis. D. change in the vertical variable.