Though useful, purchasing power parity does not completely explain long-run movements in exchange rates due to

In the 1990s, Oprah Winfrey, the former national talk-show host, discouraged Americans from eating beef. She argued beef consumption could create major health problems, and, as a result, beef purchases and the price of beef fell substantially

Which of the following occurred? A) The supply curve of beef shifted to the left. B) The demand curve for beef shifted to the left. C) The supply curve of beef shifted to the right. D) The demand curve for beef shifted to the right. E) Neither the supply curve nor the demand curve for beef had changed.

Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation. A board of directors is responsible for the overall performance of the group. Identify the correct statement from the following

a. The board will be responsible for all decision-making process. b. The board will be in the best position to solve even a minor problem at the coffee plantation. c. The sports gear firm's risk assessment team will also be responsible for assessing market risk for the group's other functional areas. d. Decisions for the publishing house are likely to be taken by the individuals who head it, rather than the board of directors heading the entire group.