Most transactions between large financial institutions in the United States are handled by
A) check.
B) Fedwire.
C) currency.
D) ACH.
B
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Which of the following will prevent firms from engaging in price discrimination?
A) odd pricing B) transactions costs C) arbitrage D) yield management
Lindahl pricing is not necessary for economic efficiency
a. True b. False
Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand, a Canadian workercan produce 10 pairs of shoes or grow 20 apples per day. Which of the following statements is true? The United States has an absolute advantage:
A. and a comparative advantage in the production of shoes. B. and a comparative advantage in the production of apples. C. in the production of both goods and a comparative advantage in the production of neither good. D. in the production of both goods and a comparative advantage in the production of both goods.
The innovation cycle is regarded as a long-wave cycle and it can last as long as
a. 500 years b. 100 years c. 75 years d. 30 years e. 10 years