When the British pound rises in value relative to other currencies, then
A) goods imported into Britain rise in price.
B) British exports rise in price.
C) neither British exports nor imports rise in price.
D) both British exports and imports rise in price.
B
Economics
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When a corporation announces a major decline in earnings, the stock price may initially decline significantly and then rise back to normal levels over the next few weeks. This impact is called
A) the January effect. B) mean reversion. C) market overreaction. D) the small-firm effect.
Economics
Which of the following would most likely NOT be included in the liquidity approach to defining the money supply?
A) savings deposits B) money market mutual fund accounts C) corporate bonds D) traveler's checks
Economics