Under perfect capital mobility
a. there are no restrictions on buying financial assets, though there may be on buying factories and equipment.
b. transactions costs have to be zero.
c. differential risk in assets across countries are minimal.
d. All of the above
e. None of the above
C
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Which of the following statements is true?
A) As the rental prices of downtown apartments rise, only workers with the lowest opportunity cost of time will be willing to rent them. B) As the rental prices of downtown apartments rise, only workers with the highest opportunity cost of time will be willing to rent them. C) Optimizers with the lowest opportunity cost of time push up the rental price of apartments with the lowest commute time. D) Optimizers with the highest opportunity cost of time push up the rental price of apartments with the highest commute time.
In the eighteenth century, the rise of manufacturing in New England helped the region attract more settlers than the other regions of the English colonies
Indicate whether the statement is true or false
A microeconomist might study which of the following?
a. the collapse of US financial markets in 2007-2009 b. the causes of the Great Depression c. the movements of prices for unleaded gasoline d. the role of expectations in the determination of the level of real GDP e. the trade-off between inflation and unemployment
Changes in what four variables will shift the long run aggregate supply curve?