If the price of Diet Pepsi rises, what happens to the price of Diet Coke?
A. It will rise.
B. It will fall.
C. It will remain the same.
D. There is no way of telling what will happen to the price of Diet Coke.
A. It will rise.
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President Bigego is running for re-election against Senator Pander. Bigego proclaims that more people are working now than when he took office. Pander says that the unemployment rate is higher now than when Bigego took office. You conclude that
a. one of them must be lying. b. both of them could be telling the truth if the labor force, and employment grew at the same rate. c. both of them could be telling the truth if the labor force grew slower than employment. d. both of them could be telling the truth if the labor force grew faster than employment.
Refer to Scenario 14.1. Lisette's dominant strategy will give her a net benefit of
A) $45. B) $75. C) $120. D) $150.
If Canada has a comparative advantage over Mexico in the production of shoes, it must also have an absolute advantage over Mexico in the production of shoes
Indicate whether the statement is true or false
The present membership in the Federal Reserve System includes
a. all the commercial banks in the nation. b. less than half of the commercial banks in the nation. c. only the Federal Reserve Banks and their branches. d. commercial banks, savings & loans, and credit unions.