Which of these records the value of international purchases and sales of stocks, bonds, real estate, businesses, and bank accounts?
a. Current account
b. Capital account
c. Official reserve account
d. Savings account
b
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Jack Dorsey is the Chief Executive Officer of Twitter as well as a member of Twitter's board of directors. Dorsey is therefore classified as an
A) independent director. B) inside director. C) unbiased director. D) outside director.
A normal good is defined as a product for which quantity demanded increases as price decreases
a. True b. False
When Cabbage Patch Dolls were introduced, they were extremely popular at Christmas, and most stores sold out. By the next year, there were plenty still available at Christmas. What happened?
Refer to the diagrams. Suppose that government undertakes fiscal policy designed to increase aggregate demand from AD 1 to AD 2 and thereby to increase GDP from X to Z. In terms of graph B, which of the following might explain why GDP increases to Y rather than to Z?
A. Depreciation of the dollar.
B. Reduction in tariffs imposed by our trading partners.
C. Decrease in the saving schedule.
D. Crowding-out effect.