Many tout that the Internet has lowered consumers' search costs. If this is true, ceteris parabis, the consumer reservation price should:

A. remain the same.
B. be higher.
C. be lower.
D. There is insufficient information to determine the impact of lower search costs on reservation prices.

Answer: D

Economics

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An expansionary fiscal policy will be effective only if the central bank of a country simultaneously prevents the market interest rate from rising

a. True b. False Indicate whether the statement is true or false

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