In some countries, prices in stores are listed in terms of U.S. dollars, rather than in units of the local currency. That's most likely because

A) the country's political system is unstable.
B) interest rates are higher using U.S. dollars than using the local currency.
C) there is no other store of value.
D) the country has experienced high rates of inflation.


D

Economics

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The average treatment effect measures _____.

A. the effect of a policy or program on the dependent variable B. the effect of unobserved factors on observed explanatory variables C. the effect of a change in an explanatory variable on other explanatory variables D. the effect of unobserved factors on the average outcome of the dependent variable

Economics

?Which of the following options could be used to eliminate a recessionary gap?

A. Decrease government spending B. ?Decrease consumption C. Decrease investment D. ?Decrease taxes

Economics

Increasing marginal cost of production explains:

A. the law of demand. B. the income effect. C. why the supply curve is upsloping. D. why the demand curve is downsloping.

Economics

With respect to your grades in your accounting and economics? classes, a? one-to-one trade-off means that the opportunity cost of receiving one grade higher in accounting? (for example, improving from a D to a? C) is one grade lower in economics? (falling from a B to a? C).

a. true b. false

Economics