Under British rule, colonists were considered British subjects and had most of the same rights of British citizens

Indicate whether the statement is true or false

True

Economics

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In the long run, a rise in a country's price level (relative to the foreign price level) causes its currency to ________, while a fall in the country's relative price level causes its currency to ________

A) appreciate; appreciate B) appreciate; depreciate C) depreciate; appreciate D) depreciate; depreciate

Economics

If a firm reacts to other firms' market decisions by anticipating how the others will then react, this reflects

a. the behavior of followers of a price leader b. the behavior associated with price leadership c. a market with a low concentration ratio d. mutual interdependence e. collusion by definition

Economics