If income in the United States increases more rapidly than the income of our trading partners, other things constant, the dollar will
a. appreciate, imports will become less expensive, and domestic exports will become more expensive to foreigners.
b. depreciate, imports will become less expensive, and domestic exports will become more expensive to foreigners.
c. appreciate, imports will become more expensive, and domestic exports will become less expensive to foreigners.
d. depreciate, imports will become more expensive, and domestic exports will become less expensive to foreigners.
D
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In a voluntary contribution game:
A. each member of a group makes a contribution to a common pool which benefits only the contributor, and this leads to alignment of individual and collective interests. B. each member of a group makes a contribution to a common pool which benefits everyone, and this leads to alignment of individual and collective interests. C. each member of a group makes a contribution to a common pool which benefits only the contributor, and this leads to a conflict between individual and collective interests. D. each member of a group makes a contribution to a common pool which benefits everyone, and this leads to a conflict between individual and collective interests.
If the population increase in India is smaller than the increase in Indian real GDP, then GDP per capita will
a. decrease. b. increase. c. remain constant. d. increase more slowly than real GDP.
In 2010, the poorest 20 percent of families in the United States population earned approximately ____ percent of the before-tax total income. (Fill in the blank.)
a. 1 b. 4 c. 9 d. 12
Two stage least squares estimation cannot be applied to a panel data set.?
Answer the following statement true (T) or false (F)