Dave, a U.S. citizen buys a bicycle manufactured in China. Dave's purchase is
a. both a U.S. and Chinese export.
b. both a U.S. and Chinese import.
c. a U.S. import and a Chinese export.
d. a U.S. export and a Chinese import.
c
Economics
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Suppose coffee prices, gasoline prices, and concert ticket prices are all sharply higher this year compared to last year. The economy is experiencing
A) disinflation. B) deflation. C) inflation. D) possibly A, B, or C above.
Economics
From the late 1970s to the late 1980s, Hall (1994) finds that leverage buyouts most commonly take place among firms
(a) in the volatile tech industry. (b) facing steep global competition. (c) that are unstable. (d) like those mentioned in all of the above.
Economics