If a U.S. company buys an electrical generator made in Japan by a Japanese firm, and the Japanese firm uses the payment to buy stocks issued by a U.S. company then
a. U.S. exports and U.S imports increase.
b. U.S. exports but not U.S. imports increase.
c. U.S. imports but not U.S. exports increase.
d. neither U.S. exports nor U.S. imports increase.
c
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Employers verify the facts of potential employees' resumes to avoid
A) signaling. B) screening. C) cheap talk. D) moral hazard.
A transfer payment is a government payment
a. to companies that provide goods or services to government agencies. b. designed to transfer funds from one government agency to another. c. which transfers revenue from the federal government to state government. d. not made in exchange for a good or service.
Which of the following would not cause the investment demand curve to shift?
A. animal spirits (expectations) B. technological change C. change in business taxes D. change in the interest rate
Consider Figure 8.9. Becky's dominant strategy is ________ and David's dominant strategy is ________.
A. high; high B. low; low C. high; low D. low; high