A dining table costs $3,000 in New York and the same table costs 5,000 euros in Rome. Thus, $1 is equal to:

Economic variables that generally move in tandem with the overall phases of the business cycle are called:

A) leading indicators. B) coincident indicators. C) lagging indicators. D) none of the above.

The Coase Theorem states that the public sector can achieve environmental efficiency, as long as property rights are clearly assigned

a. True b. False Indicate whether the statement is true or false