A contract may remain incomplete because the expected benefits of greater completeness do not cover the costs of drafting it
Indicate whether the statement is true or false
T
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Unanticipated expansionary monetary policy will increase economic growth and push inflation upward while lowering real interest rates. This will cause
a. an increase in the demand for foreign currencies and a decline in the foreign exchange value of the dollar. b. a decrease in the demand for foreign currencies and a decline in the foreign exchange value of the dollar. c. an increase in the demand for foreign currencies and an increase in the foreign exchange value of the dollar. d. a decrease in the demand for foreign currencies and an increase in the foreign exchange value of the dollar.
Most occurrences of Acquired Immune Deficiency Syndrome can be prevented by:
A. administration of antibiotics. B. avoiding risky behavior. C. diet and exercise. D. the prophylactic use of a vaccine.
Since the early 1980s, debt ratios for the OECD countries have
A) increased. B) remained constant. C) decreased slightly. D) decreased dramatically, and are now close to zero. E) become impossible to define.
Refer to the scenario above. Tom will receive ________ if he raises his right hand and Sam raises his left hand
A) 3 candy bars B) 0 candy bars C) 2 candy bars D) 1 candy bar