Sample MCQ questions for final
.doc
keyboard_arrow_up
School
University of New South Wales *
*We aren’t endorsed by this school
Course
3104
Subject
Economics
Date
May 3, 2024
Type
doc
Pages
20
Uploaded by BrigadierMule3121
© University of New South Wales
This material cannot be used for commercial purposes.
Sample Multiple Choice Questions for parts covered after the midterm
Choose the best answer. (2 marks each)
1. Assuming sticky prices and given expectations of future exchange rates, what is the short-run effect on the exchange rate of the U.S. dollar (purchasing euros) and on domestic and foreign rates of return if there is a temporary increase in the quantity of U.S. dollars? a.
R
ates of return on domestic and foreign assets diverge, as the dollar appreciates. b.
Domestic and foreign rates of return both fall, as the dollar depreciates.
c.
Domestic and foreign rates of return converge, as the dollar depreciation lowers returns for U.S. investors who purchase euro-based assets.
d.
Rates of return on euro assets fall, causing investors to switch into U.S. assets and,
therefore, the U.S. dollar appreciates against the euro.
2. The asset approach basically looks at ____ as the fundamental variable affecting _____
exchange rates. a.
interest rates; short-run b.
interest rates; long-run
c.
the price level; short-run
d.
the price level; long-run
3. The monetary approach basically looks at ____ as the fundamental variable affecting _____ exchange rates. a.
interest rates; short-run b.
interest rates; long-run
c.
the price level; short-run
d.
the price level; long-run
4. When there is a permanent fall in the foreign money supply, the exchange rate: a.
falls in the short run and rises slightly over the long run. b.
falls in the short run and falls more over the long run.
c.
rises in the short run and falls slightly over the long run.
d.
rises in the short run and rises more over the long run.
5. If you observe that the dollar is appreciating because of a permanent change in the U.S.
monetary supply, then the money supply must have:
a.
fallen
. b.
stayed the same.
c.
risen.
© University of New South Wales
This material cannot be used for commercial purposes.
1
© University of New South Wales
This material cannot be used for commercial purposes.
d.
Not enough information is provided to answer the question.
6. When the exchange rate appreciates in the short run and then depreciates to its original level in the long run, it implies that the foreign money supply has:
a.
temporarily risen. b.
permanently risen.
c.
temporarily fallen.
d.
permanently fallen
.
7. When an increase in the quantity of money is considered to be permanent and prices are sticky, then in the short run the exchange rate depreciates and overshoots because:
a.
domestic nominal returns fall relative to foreign returns, and traders expect a permanent depreciation in future exchange rates. b.
traders do not change their expectations of the exchange rate, and lower domestic rates make it easier to borrow.
c.
inflationary expectations eventually cause a rise in domestic real returns.
d.
traders quickly realize that their expectations of future exchange rates are incorrect and eventually prices will become unstuck.
8. Overshooting occurs because:
a.
expectations adjust slower than prices. b.
expectations adjust at the same rate as prices.
c.
expectations adjust faster than prices.
d.
expectations do not adjust.
9. If a country has a $100 million debt and the interest rate on the debt is 5% and the debt is serviced each year, this would result in:
a.
an interest payment of $5 million and a reduction in the debt amount by $10 million each year. b.
an interest payment of $15 million and a reduction in the debt amount by $10 million each year.
c.
an interest payment of $5 million and no change in the debt amount.
d.
an interest payment of $1 million and an increase in the debt amount by $10 million each year.
10. The long-run budget constraint indicates that, in the long run, a country's initial external wealth must be offset by (i.e., equal to):
© University of New South Wales
This material cannot be used for commercial purposes.
2
© University of New South Wales
This material cannot be used for commercial purposes.
a.
the present value of its future trade balances. b.
the future value of its future trade balances.
c.
the current value of its future trade balances.
d.
the present value of its future external wealth.
11. If you are scheduled to receive a $10,000 payment in two years and the interest rate is 10%, then the present value of this payment is:
a.
$9,000. b.
$8,264.
c.
$12,000.
d.
$5,000.
12. Suppose that the present discounted value of a stream of payments is $1,000. If the interest rate is 10%, what is the constant payment per year?
a.
100
b.
10
c.
11
d.
1,000
13. The United States has been experiencing trade deficits on the order of $600–$800 billion during the past several years. Which of the following is an implication of these
trade deficits?
a.
U.S. GDP has been larger than U.S. GNE. b.
U.S. GDP has been smaller than U.S. GNE.
c.
U.S. net external wealth has been increasing.
d.
U.S. exports are greater than U.S. imports.
14. The key lesson from the Long-Run Budget Constraint (LRBC) model is:
a.
nations can safely run trade deficits as long as they can cover the interest each year. b.
nations must balance their current account year by year.
c.
nations must maintain a balance between the present value of deficits and the present value of surpluses that satisfy the LRBC.
d.
nations may lend externally but it is dangerous to borrow.
15. The present value of GDP:
a.
equals GNE. © University of New South Wales
This material cannot be used for commercial purposes.
3
© University of New South Wales
This material cannot be used for commercial purposes.
b.
equals GNE only when the country begins with positive initial wealth.
c.
equals GNE only when the country begins with negative initial wealth.
d.
plus the present value of initial wealth must equal the present value of GNE.
16. If the percentage of change in total spending (C + G) is lower than the percentage change in income, an economy has some degree of:
a.
financial autonomy. b.
consumption smoothing.
c.
imminent recession.
d.
prosperity.
17. Investment will occur in an open economy more often than in a closed economy because:
a.
investment decisions have fewer constraints because investors and borrowers will compare the marginal product of capital in any nation with the world real interest rate. b.
without information, investors often make poor investment decisions.
c.
governments like to subsidize overseas investment for domestic firms.
d.
international financial organizations prefer to lend for international investments rather than domestic ones. 18. If the long-run budget constraint is upheld, an investment expenditure will increase the present value of consumption only if:
a.
the present value of debt is equal to zero. b.
the present value of output is greater than the present value of the investment expenditure.
c.
the present value of exports is greater than the present value of imports.
d.
output is increasing faster than the growth of population.
19. If capital flows freely throughout the world, one would expect it would flow:
a.
from the rich nations, where it is abundant and cheap, to the poor nations, where it
is scarce and dear.
b.
from the poor nations, where it has less value, to the rich nations, where it has more value.
c.
from the savers to financial institutions.
d.
from international lenders to international borrowers.
© University of New South Wales
This material cannot be used for commercial purposes.
4
© University of New South Wales
This material cannot be used for commercial purposes.
20. If production functions are identical, low-income nations have a ____ capital per worker than high-income nations, _____ labor productivity, and a ____ marginal product of capital.
a.
lower; lower; higher. b.
lower; higher; higher.
c.
lower; lower; lower.
d.
higher; higher; lower.
21. If the production functions of rich and poor nations are NOT identical, resulting in lower marginal products of capital for poor nations, then:
a.
capital markets are basically dysfunctional. b.
it must mean the labor productivity for poor nations is higher.
c.
capital markets cannot be relied on to bring about convergence.
d.
capital markets may be functioning efficiently and correctly after all.
22. When poor nations cannot compete with rich nations to attract capital because of their
lower overall productivity, it creates:
a.
convergence. b.
long-run divergence.
c.
externalities.
d.
opportunities for cross-border investment.
23. As long as at least some output shocks are asymmetric, it is possible to:
a.
avoid all risk. b.
lower the volatility of income by international diversification of capital assets.
c.
lower the risk of default.
d.
avoid any consumption declines as a result of the shocks.
24. Two nations each own 50% of the capital of the other nation (diversification). What is
the situation when labor comprises over 50% of available resources?
a.
In order to achieve perfect diversification, labor must move from one nation to the
other. b.
No gain will occur from the diversification.
c.
The risk from economic shock will be eliminated by the diversification of assets.
d.
Some risk from economic shocks can be eliminated, but not all.
25. A result of an exchange rate depreciation, would occur as the spending patterns © University of New South Wales
This material cannot be used for commercial purposes.
5
© University of New South Wales
This material cannot be used for commercial purposes.
change in response to a change in the exchange rate.
a.
expenditure switching from domestic to foreign products
b.
expenditure switching from foreign to domestic products
c.
expenditure switching from rural to urban producers
d.
terms-of-trade deterioration
26. Data on the relationship between the U.S. multilateral real exchange rate and the U.S. trade balance shows
a.
a surprising result that the decrease in the trade balance is correlated with
an increase (depreciation) of the U.S. dollar multilateral real exchange rate.
b.
a predictable result that the increase in the trade balance is correlated with
an increase (depreciation) of the U.S. dollar multilateral real exchange rate.
c.
a correlation that is so weak it cannot be used to support the theory that the trade balance is related to the real effective exchange rate of the U.S. dollar.
d.
a surprising result that the increase in the U.S. trade balance occurs with a decrease (appreciation) in the real effective exchange rate of the dollar. 27. The devaluation of a currency results in a(n):
a.
initial increase in trade balance, but an eventual decline in trade balance.
b.
permanent decline in trade balance.
c.
permanent increase in trade balance.
d.
initial decrease in trade balance, but an eventual increase in trade balance.
28. The J-curve effect means that import prices are higher, thus revenues paid out increase while export prices are lower and incoming revenues decrease. Therefore, after a currency depreciation:
a.
the trade balance will improve, then decline, then improve, and then decline, appearing to be a series of J shapes.
b.
the trade balance will increase, then decrease, then jump higher, which economists call the J-curve effect.
c.
the nation will cut back on imports immediately causing the trade balance to improve, which gives the curve an inverted J shape.
d.
the trade balance decreases and then increases over time giving the curve a J shape.
29. The trade balance component of aggregate demand is a function of all the following EXCEPT
:
a.
foreign disposable income.
b.
domestic disposable income.
c.
the real exchange rate.
© University of New South Wales
This material cannot be used for commercial purposes.
6
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Hand written plzzzzzz otherwise skip
arrow_forward
Question 1
(i)
The UK inflation rate is predicted to be 10% and the Eurozone inflation rate is
predicted to be 6%. The current euro per pound exchange rate is €1.20/£1. What
is the forecast $/£ rate in one year's time according to Purchasing Power Parity?
Is the euro expected to appreciate or depreciate and by approximately what
percentage?
(ii)
The euro per pound spot rate is €1.20/£1. The UK interest rate is 4% and the
Eurozone interest rate is 6%. Calculate the six-month forward rate using the
covered interest parity formula. State if the pound is at a forward discount or at a
forward premium.
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Do not provide Excel Screet shot rather use tool table
Answer completely.
arrow_forward
2. Analyze the data from China, Japan, Switzerland, Indonesia, Ukraine, and Taiwan (6 countries), and fill
in the table as follow showing overvalued and undervalued currencies. (10%) Write a conclusion stating
why PPP doesn't hold true according to the actual data. (10%)
Country
Local
dollar
Implied PPP Actual
of the dollar
price
1
United States
China
Indonesia
Switzerland
Ukraine
Taiwan
5
20
30000
6.5
54
69
exchange rate
1
6.8
14000
0.9
28
30
Under/over
against the dollar
0%
valuation
arrow_forward
Which of the following will dcrease the supply of US dollars in the foreign
exchange market?
(A) US consumer demand fewer imports
(B) Foreigners increase their demand for US goods
©) US residents increase their travel abroad
Foreign Investors see increased investment opportunities in the US
arrow_forward
As per attached file
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
Find the following cross rates.
a) Chinese Yuan/Japanise Yen (i.e. how many Chinese Yuan are needed to buy 1 Janapise Yen?)
b) UK Pound/Mexican Peso (i.e. how many Pounds are needed to buy 1 Peso?)
arrow_forward
Question 5
(c) Do you think LOOP really works? Give a reason for your answer?
(d) If a can of spam costs $2 in the US and 6 pesos in Mexico, what would be the peso/dollar exchange rate if PPP holds? 5. If inflation is 3.5% in US and 7% in Mexico. What will happen to the peso/dollar exchange rate?
arrow_forward
1- $/yen = .009, yen/pound = 120, $/pound = 1.15
a. Is there alignment of exchange rates?
b. Will arbitrage take place?
c. At what direction the arbitrage will take place?
d. For an investor investing $1000000, what will be the gain?
Only typed answer
arrow_forward
Current Account
(1) Goods Exports
+$80
(2) Goods Imports
−70
(3) Exports of Services
+20
(4) Imports of Services
−25
(5) Net Investment Income
+5
(6) Net Transfers
−5
Financial Account
(7) Foreign Purchases of Assets in the United States
+13
(8) US Purchases of Foreign Assets Abroad
-23
Capital Account
(9) Balance on Capital Account
+5
The table contains balance of payments data (+ and −) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella has a balance of trade (goods)
Multiple Choice
deficit of $10 billion.
surplus of $5 billion.
surplus of $10 billion.
deficit of $5 billion.
arrow_forward
Question 1
(i) The UK inflation rate is predicted to be 15% and the Euroland inflation rate is predicted to be 5%. The current Euro/£ exchange rate is 1.60 Euros per pound. What is the expected Euro/£ rate in one year’s time according to PPP?
(ii) The $/£ spot rate is $1.60/£1. The UK interest rate is 4% and the US interest rate is 9%. Calculate the one year forward rate using the covered interest parity formula. State if the pound is at a forward discount or at a forward premium.
arrow_forward
Show full working out
arrow_forward
Please not hand written
arrow_forward
Remaining Time: 30 minutes, 21 seconds.
Question Completion Status:
300
QUESTION 15
Consider the following scenario:
Soybeans
Textiles
Country A
30'000
25'000
20'000
3
1
Country B
10
5
Suppose that w,-Peso 3000 and e=1 (e is the exchange rate). What is the maximum level of w, (expressed in $) such that
these 2 countries trade according to Comparative Advantage?
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
arrow_forward
Typed plz and asap please provide Me a high quality solution and take Care of plagiarism aslo thaks
arrow_forward
What is the impact of each of the following changes (other variables remaining unchanged) on the real exchange rate.
(a) The Consumer Price Index (which measures the price level) in the United States rises by 4 percent.
(b) The Consumer Price Index in Jamaica rises by 9 percent.
(c) The two Consumer Price Index changes above occur at the same time.
(d) The nominal exchange rate moves from 86 to 90 for a U.S. dollar.
(e) The nominal exchange rate depreciates by 10 percent at the same time that local inflation is 10 percent and the U.S. price level is stable.
arrow_forward
If the value of imports are 630 and the value of balance of trade are 5200 find the value of exports?
arrow_forward
Question 2
You have the following table.
USD/Euro
Yen/USD
Yen/Euro
Euro/Yen
International Economics: Problem Set 4
Table 1: Exchange Rates
12/31/2015 12/31/2016 percent change (%)
1.08.59
1.0552
116.78
-2.8271
-2.9018
(a) Fill in the blanks. You need to show the formula you use.
(b) Determine whether the dollar has depreciated or appreciated against the euro over a year.
(e) Determine whether the yen has depreciated or appreciated against the euro over a year.
arrow_forward
Please discuss the Tariff Sections, Rules of Origin, Marking of Goods, importance of direct shipments, imposition of Customs Duties, importance of Tariff Treatments, Safeguard Measures, and special Relief given to importers. ( canada tariff clarification)
Can you please answer in detail 1000 words min
arrow_forward
China
Impose trade sanctions against
U.S. firms
Do not impose trade sanctions
against U.S. firms
China trade value = $75 b U.S.
China trade value = $5 b
Don't renew MFN
trade value = $65 b
U.S. trade value = $140 b
status with China
United States
China trade value = $285 b
U.S. trade value = $35 b
China trade value = $275 b U.S.
Renew MFN status
trade value = $130 b
with China
Use a payoff matrix to depict this problem.
a. Players.
b. Strategy.
с. Рау-off.
d. What is the dominant strategy?
e. What is the Nash Equilibrium without an enforceable contract?
f. If countries coordinated (collude), what would be the optimal outcome?
arrow_forward
A US based exporter sells US made goods in UK. The revenue last year was £1,000. The cost of goods was $800. The spot exchange rate was $1.25 per £. What was the profit in dollars?
$400
$300
$250. Pls sir very fast
arrow_forward
Hand written i'll rate...other wise downvote
arrow_forward
15. If China wanted to maintain both monetary autonomy and a fixed nominal exchange
rate in regard to the United States in the long run,
(a) the Chinese would want to sell their financial assets.
(b) the Chinese would have to want to buy American goods.
(c) the price level in China would have to move in tandem with the U.S. price
level.
(d) the law of one price would have to hold for at least one good.
(e) Chinese interest rates would have to move in tandem with U.S. interest rates.
arrow_forward
25 The exchange rate between the euro (€) and the US dollar ($) is $1,20 per euro. If an American tourist in Paris
purchases a good valued at 60 euros, then in his own currency this would cost:
a) $50
4
b) $72
c) $48
d) $720
arrow_forward
Analyze the impact of appreciation and depreciation of US Dollar upon net exports of USA?
arrow_forward
2
arrow_forward
(2).(a)What factors affect equilibrium
exchange rate in the foreign exchange
market? Use appropriate
graphical illustrations to analyze the
impact of relative inflation rates and relative
interest rates on
the exchange rate for the British pound
sterling in terms of the U.S. dollar.
(b)Šuppose the exchange rate for the Iraqi
Dinar moves from $0.00069 to $0.00072.
Which currency
has appreciated and by what percentage?
Which currency depreciated and by what
percentage?
arrow_forward
Question 3 Countries that have adopted the euro must agree on a single Ofiscal O monetary O trade relations O foreign relations policy.
Note:-
Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.
Answer completely and accurate answer.
Rest assured, you will receive an upvote if the answer is accurate.
arrow_forward
assume the following scenario between maxico and the US . nominal exchange rate= 25 pesos per $ , price of Hat =$100 in the US. price of Hat in maxico 1000 pesos . if the purchasing power parity holds and the price in maxico and the US are not changing but nominal exchange rate is flexible.what will be the nominal exchange rate?
(a) 10
(b) 8
(c) 1
(d) 12
arrow_forward
Typed and correct answer please. I ll rate
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education
Related Questions
- Hand written plzzzzzz otherwise skiparrow_forwardQuestion 1 (i) The UK inflation rate is predicted to be 10% and the Eurozone inflation rate is predicted to be 6%. The current euro per pound exchange rate is €1.20/£1. What is the forecast $/£ rate in one year's time according to Purchasing Power Parity? Is the euro expected to appreciate or depreciate and by approximately what percentage? (ii) The euro per pound spot rate is €1.20/£1. The UK interest rate is 4% and the Eurozone interest rate is 6%. Calculate the six-month forward rate using the covered interest parity formula. State if the pound is at a forward discount or at a forward premium.arrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Do not provide Excel Screet shot rather use tool table Answer completely.arrow_forward
- 2. Analyze the data from China, Japan, Switzerland, Indonesia, Ukraine, and Taiwan (6 countries), and fill in the table as follow showing overvalued and undervalued currencies. (10%) Write a conclusion stating why PPP doesn't hold true according to the actual data. (10%) Country Local dollar Implied PPP Actual of the dollar price 1 United States China Indonesia Switzerland Ukraine Taiwan 5 20 30000 6.5 54 69 exchange rate 1 6.8 14000 0.9 28 30 Under/over against the dollar 0% valuationarrow_forwardWhich of the following will dcrease the supply of US dollars in the foreign exchange market? (A) US consumer demand fewer imports (B) Foreigners increase their demand for US goods ©) US residents increase their travel abroad Foreign Investors see increased investment opportunities in the USarrow_forwardAs per attached filearrow_forward
- Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forwardFind the following cross rates. a) Chinese Yuan/Japanise Yen (i.e. how many Chinese Yuan are needed to buy 1 Janapise Yen?) b) UK Pound/Mexican Peso (i.e. how many Pounds are needed to buy 1 Peso?)arrow_forward
- Question 5 (c) Do you think LOOP really works? Give a reason for your answer? (d) If a can of spam costs $2 in the US and 6 pesos in Mexico, what would be the peso/dollar exchange rate if PPP holds? 5. If inflation is 3.5% in US and 7% in Mexico. What will happen to the peso/dollar exchange rate?arrow_forward1- $/yen = .009, yen/pound = 120, $/pound = 1.15 a. Is there alignment of exchange rates? b. Will arbitrage take place? c. At what direction the arbitrage will take place? d. For an investor investing $1000000, what will be the gain? Only typed answerarrow_forwardCurrent Account (1) Goods Exports +$80 (2) Goods Imports −70 (3) Exports of Services +20 (4) Imports of Services −25 (5) Net Investment Income +5 (6) Net Transfers −5 Financial Account (7) Foreign Purchases of Assets in the United States +13 (8) US Purchases of Foreign Assets Abroad -23 Capital Account (9) Balance on Capital Account +5 The table contains balance of payments data (+ and −) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella has a balance of trade (goods) Multiple Choice deficit of $10 billion. surplus of $5 billion. surplus of $10 billion. deficit of $5 billion.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education