The main input into the production of Starbuck's coffee is imported coffee beans. If the dollar depreciates, how will this affect the U.S. retail coffee market?
a. Input prices will fall and supply will decrease.
b. Input prices will fall and supply will increase.
c. Input prices will rise and supply will decrease.
d. Input prices will rise and supply will increase.
c
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A period in which the economy is growing at a rate significantly above normal is called a(n):
A. depression. B. recession. C. expansion. D. peak.
Unlike brokers, securities dealers
A) operate in secondary markets. B) risk capital losses. C) trade "used" securities. D) operate in primary markets.
Which type of unemployment is most closely connected with the saying "you can't teach an old dog new tricks"?
a. Cyclical. b. Frictional. c. Structural. d. Voluntary. e. Seasonal.
____ is one in which exactly the amount one competitor gains must be lost by other competitors.
A. Nash equilibrium B. Prisoner’s dilemma C. A win-win situation D. A zero-sum game