If a firm located outside of China violates China's Anti-monopoly Law, China ________ prosecute the firm ________.
A) cannot; if the firm's behavior affects the markets within China
B) can; if the firm's behavior affects the markets within China
C) can; regardless of whether or not the firm's behavior affects the markets within China
D) cannot; regardless of whether or not the firm's behavior affects the markets within China
B) can; if the firm's behavior affects the markets within China
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Which of the following would be considered a negative real supply shock?
A) a relaxation of government environmental regulations B) a permanent increase in the price of energy C) a decrease in the money supply D) a decrease in aggregate demand
The cost of capital can be thought of as the rate of return required by investors in the firm's securities
a. true b. false
As a society produces more and more of one good, it must give up increasing amounts of the alternative good. This demonstrates the
a. law of demand b. convexity of the production possibilities frontier c. law of increasing opportunity cost d. principle of productive inefficiency e. effects of shifts in the level of technology
The value of money as a means of payment:
A. depends on whether the majority of M1 is in currency or demand deposits. B. depends on the amount of money in the economy, among other things. C. is fixed once relative prices are set. D. is independent of changes in the amount of money in the economy.