If a country has a capital and financial account deficit, that country's stock of international indebtedness is
A) increasing.
B) decreasing.
C) constant.
D) zero.
B
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Other things remaining the same, as U.S. imports increase, the quantity of
A) foreign currency supplied increases. B) U.S. dollars supplied decreases. C) foreign currency demanded increases. D) foreign currency demanded decreases. E) U.S. dollars demanded increases.
Which piece of legislation forbids most forms of price discrimination?
a. Sherman Act b. Robinson-Patman Act c. Cellar-Kefauver Act d. Clayton Act
The kinked demand curve model explains pricing in monopoly markets
a. True b. False Indicate whether the statement is true or false
The price elasticity of supply
a. will be positive when supply is elastic and negative when it is inelastic. b. will be negative when supply is elastic and positive when it is inelastic. c. will always be positive. d. will be positive when demand for the good is inelastic. e. will be positive when demand for the good is elastic.