The decision to expand the size of your factory is a long-run decision
Indicate whether the statement is true or false
T
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Until the Uruguay Round of trade negotiations, which of the following sectors were NOT included in the rules for international trade?
A) Steel and agriculture B) Automobiles and electronics C) Agriculture and apparel D) Steel and textiles E) Automobiles and agriculture
Jeff Kaufman decides to bank with Paris First National Bank (PFN). He opens a checking account by depositing $1,000 . According to the PFN balance sheet, after this initial $1,000 checkable deposit, there are $1,000 in:
a. reserves and $1,000 in checkable deposits. b. liabilities and $2,000 in checkable deposits. c. checkable deposits and $0 in assets. d. assets and $0 in liabilities. e. reserves and $0 in liabilities.
Health insurance is subject to
a. Both asymmetric information problems and moral hazard problems b. Neither asymmetric information problems nor moral hazard problems c. Asymmetric information problems but not moral hazard problems d. moral hazard problems but not asymmetric information problems
All of the following are forms of price discrimination, except one. Which is the exception?
a. cents-off coupons for use at the grocery store b. different prices for movie tickets for children and adults c. making airline reservations 30 days in advance and receiving a lower rate d. different prices for prescription drugs for senior citizens and others e. different prices for "2nd day delivery" and "next day air delivery"