Macroeconomics involves the study of the decision-making of individual firms or individuals
Indicate whether the statement is true or false
FALSE
Economics
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If there are equal rates of return between assets in two currencies, then there is
A) purchasing power parity. B) interest rate parity. C) parity of exchange. D) foreign exchange parity.
Economics
Suppose a competitive industry produces output, Q, using some input, i, where the price of the output is PQ and the input price is Pi. Efficient use of resources requires that
A) MRPi = MPi. B) MRPi = Mpi/PQ. C) MRPi = MPi PQ. D) MRPi = Pi.
Economics