Which of the following is an example of a durable good?
a. Loaf of bread
b. A Gallon of Milk
c. An Economy Car
d. None of the above are examples of durable goods.
d
Economics
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If the U.S. dollar depreciates relative to the Swiss franc, then
a. Swiss goods become more expensive in the U.S. b. U.S. goods become more expensive in Switzerland c. Swiss investors will pay more Swiss francs to buy each U.S. dollar d. the U.S. will import more from Switzerland e. the U.S. dollar-Swiss franc exchange rate will decrease
Economics
A person behaving rationally will: a. never make mistakes
b. make decisions that are random and chaotic. c. have others determine whether their decisions are rational. d. try to weigh the expected marginal benefits and marginal costs of their decision.
Economics