Most economists are in favor of price controls as a way of allocating resources in the economy
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Vertical integration of the different stages of spun yarn production increases transaction costs and the risk of opportunism since each stage employs highly specific assets
Indicate whether the statement is true or false
Economics
When interest rates in the U.S. increase, we could expect:
A. more foreigners investing in U.S. assets. B. less foreigners investing in U.S. assets. C. more U.S. citizens investing abroad. D. less U.S. citizens investing in U.S. assets.
Economics