China imports ___________ from the U.S. compared to how many goods the U.S. imports from China.
A. less
B. more
C. about the same
D. practically nothing
A. less
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Suppose the exchange rate is such that 1 U.S. dollar equals 1 euro in New York and 0.9 euros in Paris. An arbitrageur would sell euros
a. in New York and buy U.S. dollars in Paris b. in Paris and buy U.S. dollars in New York c. in New York while buying them in Paris d. in Paris while buying them in New York e. at the same price in both cities
According to the permanent income hypothesis, when income rises above the permanent income level, the household saves at a lower rate than the long-run MPS
a. True b. False Indicate whether the statement is true or false
What are some of the important questions regarding the assignment of decision rights in an organizational hierarchy?
What will be an ideal response?
The most obvious measure of low levels of development is
A. oil production. B. lack of water. C. low per capita income levels. D. bilingualism.