GDP stands for __________.?
A. gross domestic price.
B. general domestic product.
C. gross domestic product.
D. gross detailed product.
C. gross domestic product.
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The risk premium is
A) the amount by which the expected return on a risky asset exceeds the return on an otherwise comparable safe asset. B) a measure of the riskiness of the overall economy in a domestic country compared with a foreign country. C) the amount an investor must pay to insure his or her stock portfolio to protect against a fall in value. D) the amount an investment bank charges to guarantee an annuity that pays a fixed rate of return in the future.
Suppose that the exchange rate between Mexican pesos and dollars is 8 pesos per dollar. If the exchange rate goes to 6 pesos per dollar, it would tend to: a. decrease U.S. exports to Mexico
b. increase U.S. exports to Mexico. c. increase Mexican exports to the United States. d. both (a) and (c)
Realization of gains from trade, entrepreneurial discovery, and investment are largely dependent on
What will be an ideal response?
In an open economy, the quantity supplied of bushels of corn is ________.
A. 900 million bushels B. 150 million bushels C. 600 million bushels D. 300 million bushels