Assuming all else equal, if ________, net exports are positive
A) exports exceed transfer payment B) imports exceed exports
C) imports exceed transfer payments D) exports exceed imports
Lawland imports cell phones worth $1,000 billion, and exports coffee worth $820 billion in a year.
D
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Japan's currency is called Yen. The value of Japan's income per capita in dollars is high if ________
A) the value of Japan's income per capita in yen is low B) the income per capita of the U.S. is high C) the dollar/yen exchange rate is high D) the dollar/yen exchange rate is low
When industrial activity increases,
A) GDP decreases because of pollution. B) pollution does not necessarily increase. C) health and life expectancy decrease. D) and real GDP increases, it is the case that in all nations fewer resources are devoted to protecting the environment. E) the increase in real GDP is partially offset by the increase in pollution.
Which of the following would shift the demand for loanable funds to the right?
a. income tax increases b. government expenditures increase c. the interest rate falls d. Congress and the president pass an investment tax credit
You hear an economist state the following: "The increase in the money supply will causes price to rise in the long run and will have no effect on output or any other real factors.". This economist is expressing the principle of _____
Fill in the blank(s) with correct word