Which of the following is said to occur when a firm with market power uses price discrimination between markets to increase its total profit?
A. Cyclical dumping
B. Persistent dumping
C. Predatory dumping
D. Seasonal dumping
Answer: B
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Refer to the figure below. A decrease in demand is represented by a shift from: 
A. curve B to curve A. B. curve C to curve D. C. curve A to curve B. D. curve D to curve C.
Which of the following is a belief of the monetarists?
a. They think the Great Depression was made worse by poor conduct of monetary policy. b. They do not believe monetary policy is transmitted to the economy only through its effect on interest rates and planned investment. c. They believe that the interest-investment curve is vertical. d. All of these.
If the dollar appreciates, it can be said that: a. foreigners respect the United States more
b. other currencies depreciate. c. it increases in value within the United States. d. other currencies also appreciate.
Suppose the residents of Metropolis travel to work either by bus or train. If the price of train tickets increases, then:
A. the demand for train tickets will decrease. B. the demand for train tickets will increase. C. the demand for bus tickets will decrease. D. the demand for bus tickets will increase.