Author Question: If we assume perfect information, perfect mobility of resources, and no transactions costs, then ... (Read 85 times)

BrownTown3 · **on:** Jun 30, 2018

If we assume perfect information, perfect mobility of resources, and no transactions costs, then there is little need for firms.
a. True
b. False

Question 2

A rightward shift of the Canadian demand curve for foreign exchange will
a. decrease the price of foreign exchange in Canada
b. decrease the value of the Canadian dollar
c. increase the value of the Canadian dollar
d. make foreign goods less expensive in terms of Canadian dollars
e. make Canadian goods more expensive in terms of foreign exchange