When box office receipts are not corrected for inflation,
a. The Sound of Music ranks as the most popular movie of all time.
b. Gone with the Wind does not rank as one of the 50 most popular movies of all time.
c. Titanic ranks as the most popular movie of all time.
d. Avatar does not rank as one of the 50 most popular movies of all time.
b
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The most-favored-nation clause was created in the
a. Trade Expansion Act of 1962. b. Marshall Plan. c. Reciprocal Trade Agreements Act of 1934. d. Canadian-American Trade Act.
As a result of the impact of unions on the labor supply, ______.
a. wages in union jobs are about 15% higher than nonunion jobs b. wages for nonunion workers outpace union rates c. union openings often go unfilled due to featherbedding d. a high percentage of private sector openings are union jobs
John Maynard Keynes said that people have three motives for holding money. Each of the following is a Keynesian motive except
A. inflation. B. transactions. C. speculative. D. precautionary.
If a central bank wants to keep the value of its home currency fixed in the foreign exchange market, then an increase in the demand for its home currency will lead the central bank to
A) do nothing. B) sell its home currency. C) buy its home currency. D) sell foreign currencies.