Fixing a payment schedule in an agreement:
a. allows the seller to easily access loanable funds.
b. increases the uncertainty associated with the cost of production.
c. allows the seller to charge a high price for his product.
d. ensures the delivery of goods at a high price.
A
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Which of the following would be considered an example of a macroeconomic problem?
A) Should Microsoft reduce the price of its Windows operating system? B) Should the federal government extend the eligibility period for unemployment benefits? C) Should Mitsubishi eliminate one of its production shifts? D) Should JP Morgan Chase increase the interest rate it charges its credit card customers?
If, in retaliation for "unfair" trade practices, Congress imposes a 30 percent tariff on Japanese DVD recorders, but at the same time, U.S. demand for Japanese goods increases, then, in the long run, ________, everything else held constant
A) the Japanese yen should appreciate relative to the U.S. dollar B) the Japanese yen should depreciate relative to the U.S. dollar C) there is no effect on the Japanese yen relative to the U.S. dollar D) the Japanese yen could appreciate, depreciate or remain constant relative to the U.S. dollar