When a monopolist practices price discrimination, the monopolist's profits will be lower than in a single-price monopoly.
a. true
b. false
b. false
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The federal agency that regulates the New York Stock Exchange is the
a. Securities and Exchange Commission b. Department of Justice c. Department of Commerce d. Federal Reserve Board e. Department of the Treasury
The real exchange rate:
A. expresses the value of goods in one country in terms of the same goods in another country. B. is the nominal exchange rate adjusted for purchasing power parity. C. uses the price level in each country to convert the exchange rate into a value that is in "real" terms. D. All of these statements are true.
Which of the following shifts aggregate demand right?
a. both a decrease in the price level and the implementation of an investment tax credit b. a decrease in the price level but not the implementation of an investment tax credit c. the implementation of an investment tax credit but not a decrease in the price level d. neither a decrease in the price level nor the implementation of an investment tax credit
There is _____ relationship between the rise in real wages and the rise in productivity.
A. a strong B. a weak C. no