If gross investment in 2016 is $525 billion and depreciation in 2016 is $650 billion, net investment in 2016 is
A. -$650 billion.
B. -$125 billion.
C. $125 billion.
D. $1,175 billion.
Answer: B
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An important hindrance to developing countries in carrying out monetary policy is that they
a. usually lack central banks b. are usually unable to issue their own currency c. are unable to borrow money d. usually lack effective bond markets e. all of the above
If consumption increases,
A) the SRAS curve will shift rightward, which will push the price level up. B) the SRAS curve will shift leftward, which will push the price level up. C) the AD curve will shift leftward, which will push the price level down. D) the AD curve will shift rightward, which will push the price level up.
Treating two otherwise-equal people differently because of their race is called
A. rational discrimination. B. disparate treatment discrimination. C. adverse impact discrimination. D. "perfect" discrimination.
Which of the following displays these two characteristics: rivalry and excludability?
A) a pure private good B) a pure public good C) a club good D) a common pool resource