The invention of new mining methods will affect price through the supply side
a. True
b. False
Indicate whether the statement is true or false
True
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Suppose the majority of the shares of Ford stock were sold to a Japanese firm. Assuming all else remains constant, this will
A) decrease net portfolio investment in the United States. B) increase foreign direct investment in the United States. C) increase the balance of the U.S. current account. D) create a capital outflow in the United States. E) increase the balance of the U.S. financial account.
The household and establishment surveys sometimes differ on the labor market conditions. This is probably because ________
A) the establishment survey counts a worker who holds two jobs twice and the household survey does not B) the establishment survey only counts employees of a company and the household survey also counts the self employed C) the establishment survey covers more workers than the household survey D) all of the above E) none of the above
With free entry:
A. the long run market supply curve is horizontal at the market price. B. the long run market supply curve is vertical at the market price. C. the short and long run market supply curves are the same. D. there is a known and limited number of potential suppliers that can produce a good in the long run.
When a firm advertises, it is attempting to
a. shift its supply curve to the right b. shift its supply curve to the left c. shift its demand curve to the right d. shift its demand curve to the left e. create a surplus