New editions of college textbooks come out
A. every year regardless of the degree to which new material warrants it.
B. in part, because authors and publishers only profit on new sales.
C. when the publisher gets the urge.
D. when the author gets the urge.
Answer: B
Economics
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An improvement in technology would cause each of the isoquants in a firm's isoquant map to shift out away from the origin
Indicate whether the statement is true or false
Economics
Purchasing power parity or PPP says the ratios composed of:
a. interest rates explain the direction of exchange rates. b. growth rates explain the direction of exchange rates. c. inflation rates explain the direction of exchange rates. d. services explain the direction exchange rates. e. public opinion polls explain the direction of exchange rates.
Economics