Which of the following factors might make capital mobility less than perfect?
a. Risks due to exchange rate changes
b. Differential risk on the assets of different countries
c. Technological progress, which improves the quality of information on foreign assets
d. both a and b.
e. All of the above
E
Economics
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Collective bargaining by unions can result in a union wage rate that is ________ the equilibrium real wage rate and creates a ________ of labor
A) below; shortage B) above; shortage C) below; surplus D) above; surplus E) equal to; surplus
Economics
The first paper currency issued by the U.S. government was known as the
a. Federal Reserve note b. treasury bill c. greenback d. pound e. gold certificate
Economics