A tariff is the price of a currency.
a. true
b. false
b. false
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Using the above table, the market clearing price is ________ and equilibrium quantity is ________
A) $55; 80 B) $60; 150 C) $70; 150 D) $150; 150
E-cash cards are considered a major portion of the modern money supply
a. True b. False Indicate whether the statement is true or false
Which of the following about unemployment is true?
a. The unemployment rates of the major European economies have been lower than the United States during the last decade. b. The natural rate of unemployment is unaffected by labor market regulations and other dimensions of public policy. c. High unemployment rates over lengthy time periods are indicative of structural factors that are adversely affecting the natural rate of unemployment. d. The unemployment rates of Spain and Italy were among the lowest in the world during the past two decades.
What's the opportunity cost of taking an unfair advantage in a deal?
A. Future deals may not occur or may come at a much higher cost. B. Building a reputation for being untrustworthy if the deal is likely to be repeated. C. Probably nothing, if the transaction is only taking place once. D. All of these statements are true.