It is difficult to determine if foreign companies are selling their products for prices below their costs of production because
A) the true costs of production are difficult to calculate.
B) the firms have no legal obligation to reveal this information.
C) costs are calculated in the firms' local currencies.
D) domestic taxes increase the firms' costs but it is difficult to determine the incidence of these taxes.
Answer: A
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As Regulation Q was repealed, most of the assets of savings-and-loans were in the form of
A) business loans. B) consumer loans. C) mortgages. D) savings deposits.
Suppose a bank has $3 million in excess reserves and total reserves of $10 million. A required reserve ratio of 10% is applicable to all deposits at the bank. What is the total amount of deposits at the bank?
a. $70 million b. $40 million c. $10 million d. $30 million e. $100 million
A decrease in marginal tax rates will cause ________ in investment and a ________ shift in AS.
A. a decrease; leftward B. a decrease; rightward C. an increase; leftward D. an increase; rightward
In efficient markets, investment capital flows toward profit opportunities.
Answer the following statement true (T) or false (F)