A U.S. international corporation will produce in other countries if costs are lower there
Indicate whether the statement is true or false
F
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Often people trying to withdraw money from their bank must wait in line, which reflects a ________ allocation method
A) first-come, first-served B) market price C) contest D) command
An option that gives the owner the right to sell a financial instrument at the exercise price within a specified period of time is a
A) call option. B) put option. C) American option. D) European option.
A shift of the MP curve ________
A) implies an automatic adjustment of the interest rate B) implies a direct policy action of the Federal Reserve C) does not alter the relationship between inflation and the interest rate D) all of the above E) none of the above
In the real world, perfectly competitive markets are very few. Most markets are monopolistically competitive or oligopolistic
Indicate whether the statement is true or false