A sudden expectation of future appreciation of the dollar causes funds to flow __________ the United States and the dollar to actually __________
A) out of; depreciate
B) out of; appreciate
C) into; depreciate
D) into; appreciate
D
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If one job applicant truthfully reveals that they subscribe to an industry publication, the job applicant is
A) using the trade publication as a screening tool. B) using the trade publication as a signaling tool. C) using the trade publication as a form of statistical discrimination. D) using the trade publication for the wrong reasons.
Jewelers are willing to hold large inventories of diamonds
a. because the demand for diamonds is large and growing b. because that minimizes the fixed cost of producing diamond jewelry c. because, given monopoly control of the market for diamonds, they are confident that the price of diamonds will not plummet rapidly d. because, given monopoly control of the market for diamonds, they are confident that the price of diamonds will rise rapidly e. because that is what their customers expect them to do
Contractionary fiscal policy may have some undesirable consequences. Among these is
A. higher unemployment. B. higher inflation. C. higher net exports. D. larger federal deficits.
The percentage change in the quantity of bread demanded divided by the percentage change in price of jelly measures:
A. the cross-price elasticity of demand for bread with respect to jelly. B. the cross-price elasticity of demand for jelly with respect to bread. C. the price elasticity of demand for bread. D. the price elasticity of demand for jelly.