What are menu costs?
A) the cost to a household of borrowing money when there is deflation
B) the opportunity cost of dining in a restaurant instead of at home
C) the costs to a firm of changing prices
D) the full list of a firm's costs of production
C
Economics
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What is a rent ceiling and what are its effects if it is set above the equilibrium rent?
What will be an ideal response?
Economics
All of the following are steps involved in basic currency swaps EXCEPT
A) counterparties exchange the net interest at the end of the swap. B) the parties exchange principals in two currencies. C) the parties exchange periodic interest payments over the life of the agreement. D) the parties exchange the principal amount at the end of the agreement.
Economics