Economics Flashcards
(8 cards)
1
Q
Short run shut down price
A
TR< TVC
2
Q
Long run shutdown point
A
Total revenue < total cost
3
Q
Money multiplier
A
4
Q
Real exchange rate
A
5
Q
Change in nominal exchange rate
A
6
Q
A
7
Q
Forward discount/premium
A
8
Q
No arbitrage forward exchange rate
A