Which of the following is NOT included in the M2 measure of money?
A) checking deposits
B) traveler's checks
C) time deposits
D) shares of the stocks of large companies
D
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After acquiring a close substitute, to increase profits the firm must Raise prices on all the products equally
a. b. Raise the prices only on products with high margins, while reducing prices on products with low margins c. Raise prices only on products with high margins, while keeping prices constant on products with low margins d. Raise prices on both the products, but raise the prices more for products with higher margins
If the U.S. dollar appreciates relative to the Brazilian cruzeiro, then
a. the U.S. dollar-cruzeiro exchange rate will increase b. U.S. goods become less expensive in Brazil c. Brazilian goods become more expensive in the U.S. d. Brazilian investors will pay fewer cruzeiros to buy each U.S. dollar e. the U.S. will import more from Brazil