Holding everything else constant, the U.S. real exchange with India will increase if the rupee depreciates

All things equal, the price elasticity of supply:

a. will be greater in the short run than in the long run. b. will be greater in the long run than in the short run. c. is the same for the short run and the long run. d. approaches zero in the long run.

re insurance is used by insurance companies faced with:

A. the problem of moral hazard. B. the prospects of a large but diversified risk. C. inadequate capital to handle a potential loss. D. insolvency.