We can expect deviations from PPP because of
A) quotas and tariffs.
B) transportation costs.
C) differentiated goods.
D) All of the above.
D
Economics
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If a bank that is subject to a 10 percent required reserve ratio has $20,000 in excess reserves, it can make new loans of:
a. $2,000 b. $18,000. c. $20,000 d. $200,000.
Economics
To maximize profit, manufacturers should set the ________ resale price that ________ the retailers' cost of providing product-specific services.
A) minimum; covers B) minimum; does not cover C) maximum; does not cover D) maximum; covers
Economics