Purchasing power parity may not hold in practice due to all of the following except
A) transportation costs.
B) cross-country differences in environmental regulations.
C) trade barriers like tariffs and quotas.
D) the existence of non-traded goods.
B
Economics
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For the firm in the real intertemporal model with investment
A) depreciation occurs more quickly if the firm produces more output. B) depreciation takes place at a constant rate. C) depreciation can be slowed with more maintenance. D) depreciation is always 100%.
Economics
If a government wants to maximize revenues from a tax it should
A) impose it on sellers. B) impose it on consumers. C) choose a good with a relatively elastic demand. D) choose a good with a relatively inelastic demand.
Economics