Refer to Figure 4.4. The international capital market will be in equilibrium when the real interest rate in the United States is ________ and the real interest rate in the rest of the world is ________
A) 7%; 3%
B) 5%; 7%
C) 9%; 3%
D) 5%; 5%
D
Economics
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World War II was the first event that provided the federal government with incentive to support labor unions and help them achieve some of their goals
Indicate whether the statement is true or false
Economics
Anna's Antiques expects to get two bidders for the unique china teacup it sells. Each of the bidders can either have a high-value of $100 or a low-value of $70 with equal probability. What is the expected revenue from setting the price at $100?
a. $70 b. $75 c. $80 d. $100
Economics