The long run is a planning period:

a. during which the firm can vary its plant size.
b. less than six months.
c. less than one year.
d. less than five years.

a

Economics

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Under the current managed float exchange rate regime, countries with balance of payments deficits frequently do not want to see their currencies depreciate because it makes ________ goods more expensive for ________ consumers and can stimulate

inflation. A) foreign; foreign B) foreign; domestic C) domestic; foreign D) domestic; domestic

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Which of the following demographic groups in the U.S. has the highest unemployment rates?

A. college graduates B. white working-age people C. African-American teenage males D. all working-age people with a high school diploma but no college

Economics