Purchasing power parity does not hold in the short to medium run because
A) exports don't equal imports.
B) exchange rates fluctuate too much.
C) most business cycles are caused by shocks to aggregate demand.
D) countries produce different goods.
D
Economics
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A cut in the income tax rate ________ the tax wedge and ________ employment, saving, and investment
A) decreases; increases B) increases; increases C) does not change; increases D) decreases; does not change E) increases; decreases
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Mergers and acquisitions can act as a barrier to entry.
Answer the following statement true (T) or false (F)
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