Which of the following nations is not a member of the European Union?
A. Switzerland.
B. France.
C. Germany.
D. Italy.
A. Switzerland.
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If net foreign investment in the United States is negative, how must national saving and domestic investment be related?
A) Domestic investment can be greater than or less than national saving. B) Domestic investment and national saving must also be negative. C) Domestic investment must be less than national saving. D) Domestic investment must be greater than national saving.
If you are buying a bond that is newly issued by the corporation, you are buying it in the primary market
Indicate whether the statement is true or false
The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
A(n)__ price is the implicit price of an action whose value is measured in opportunity costs.
A. relative B. guaranteed C. equilibrium D. shadow