Political considerations are unimportant to an understanding of tax policy
a. True b. False
b
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Suddenly large number of tourists from Brazil start coming to Florida. What will this do to the U.S. exchange rate between the U.S. dollar and the Brazilian peso?
a. The U.S. dollar’s exchange rate will appreciate. b. The U.S. dollar’s exchange rate will depreciate. c. The Brazilian peso will appreciate. d. The exchange rates will not change.
Minimax Motors, a car manufacturer, can produce 1,200 cars per week in its new plant that has 25 assembly lines and 450 workers. If Minimax Motors adds 50 new workers to their plant, it can produce 1,300 cars per week. This decrease in average productivity occurs because of: a. diminishing marginal returns of workers
b. diminishing marginal returns of assembly lines. c. diminishing marginal returns of both workers and assembly lines. d. diminishing marginal returns of the management team.
The figure below depicts the IS-LM-FE model with floating exchange rates.
Following the shift of the economy from point A to point B, the shift of the FE curve from FE0 to FE1 was caused by
A. official intervention in the foreign exchange market. B. an improvement in current account position. C. an appreciation of the country's currency. D. a contractionary monetary policy.
Refer to the information provided in Table 2.2 below to answer the following question(s).Table 2.2?MollyPeteAvatar Design68Tattoo Design32Refer to Table 2.2. For Pete, the opportunity cost of designing three tattoos is ________ avatar designs.
A. 6 B. 12 C. 24 D. an indeterminate number of