What is the top cattle producing country ?
What is the top cattle producing country ?
A. India
B. Argentina
C. United State
D. China
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Currency speculation is _____ if speculators bet against market forces that cause exchange fluctuations, thus moderating such fluctuations ?
Currency speculation is _____ if speculators bet against market forces that cause exchange fluctuations, thus moderating such fluctuations ?A. destabilizing
B. stabilizing
C. inflationary
D. deflationaryThe fall in value of one currency relative to another is ?
The fall in value of one currency relative to another is ?A. a depreciation of a currency
B. a strengthening of a currency
C. a floating of a currency
D. an appreciation of a currencyWhich of the following would shift the long-run Phillips curve to the right ?
Which of the following would shift the long-run Phillips curve to the right ?A. An increase in the minimum wage
B. An increase in the expected inflation
C. An increase in the price of foreign oil
D. An increase in the aggregate demandBy adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?
By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?A. The prices of trade goods to be lower than when there are no transportation costs
B. specialization to stop when the production costs of the trading partners equalize
C. The volume of trade to be less than when there are no transportation costs
D. The gains from trade to be greater than when there are no transportation costsThe monopolist’s supply curve ?
The monopolist’s supply curve ?A. does not exist
B. is the marginal cost curve above average variable cost?
C. is the marginal cost curve above average total cost
D. is the upward-slog portion of the average total cost curve
E. The upward-slog portion of the average variable costWhen capital mobility is perfect interest rate differentials will tend to be offset by ?
When capital mobility is perfect interest rate differentials will tend to be offset by ?A. Price difference
B. balance of payments difference
C. current account differences
D. expected exchange rate changes