Based on the Saving-Investment Diagram, if the world real interest rate is indicated by C, then ________
A) the difference between values H and D measures the net capital outflow
B) the difference between values H and D measures the trade deficit
C) the domestic real interest rate is indicated by B
D) the difference between values H and F measures the trade deficit
E) none of the above
B
You might also like to view...
A perfectly competitive firm is earning an economic profit when total fixed costs increase. Assuming the firm does not shut down, in the short run the firm will
A) charge a higher price. B) produce more output so the extra revenue will cover the increased costs. C) produce less output to decrease total costs. D) continue producing the same quantity as before but will make less economic profit. E) continue producing the same quantity as before and continue making the same economic profit as before.
If we are considering the relationship between two variables and release one of the other-things-equal assumptions, we would expect:
A. the relationship to change from direct to inverse.
B. the line representing that relationship on a graph to shift.
C. the data points to have a tighter fit to the line representing the relationship.
D. the relationship to change from inverse to direct.
An industry in which many firms produce similar products but each firm has significant brand loyalty is known as:
A.) Perfect competition. B.) A monopoly. C.) Monopolistic competition. D.) An oligopoly.
Refer to the information provided in Figure 3.10 below to answer the following question(s).
Figure 3.10Refer to Figure 3.10. An increase in quantity supplied is represented by a movement from
A. Point B to Point A along supply curve S2. B. Point B to Point C along supply curve S2. C. S2 to S3. D. S2 to S1.