What would make foreigners want to buy more from the United States?
A. A fall in the value of the dollar in the foreign exchange market
B. Inflation in United States
C. High tariffs
D. Lower interest rates in the United States
Answer: A
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Sequential games are used to analyze
A) second-price auctions. B) cartels. C) situations in which one firm acts and other firms respond. D) firms that are subject to the prisoner's dilemma.
Compared to other investments such as bonds, historically a diverse set of stocks held over a lengthy time period (for example, 30 or 40 years) has yielded a
a. low average real rate of return, and the variation in that return has been extremely high. b. high average real rate of return, and the variation in that return has been relatively small. c. low average real rate of return, and the variation in that return has been relatively small. d. high average real rate of return, and the variation in that return has been extremely high.
Government action can cause a significant market demand shift.
Answer the following statement true (T) or false (F)
Utility refers to
A) the usefulness of a good or service. B) the value of a good or service. C) the want-satisfying power of a good or service. D) the degree to which a good or service is needed.