If S1 moves to S2 and D1 moves to D2, which of the following would happen?
a. P1 would move to P2.
b. P2 would move to P1.
c. Q2 would move to Q1.
d. E1 would be indeterminate.
a. P1 would move to P2.
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Suppose that the total expenditures for a typical household in 2015 equaled $2,500 per month, while the cost of purchasing exactly the same items in 2017 was $3,000. If 2015 is the base year, the CPI for 2015 equals:
A. 0.83 B. 1.20 C. 1.00 D. 1.25
The smaller the reserve ratio the:
A. less money is created in the economy. B. greater the money is created in the economy. C. smaller is the money multiplier. D. less a bank can loan out.
The newest member country of the European Union (EU) is
A. Ukraine B. Turkey C. Serbia D. Croatia
Choose three advanced factors that Porter believes are MOST significant for competitive advantage
What will be an ideal response?