Which price would you expect to rise the most in a high-income growing economy?

A. Semiconductors for personal computers
B. Tickets to a ballet performance
C. Passenger automobiles
D. Blu-ray players


Answer: B

Economics

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If a mutual fund outperforms the market in one period, evidence suggests that this fund is

A) highly likely to consistently outperform the market in subsequent periods due to its superior investment strategy. B) likely to under-perform the market in subsequent periods to average its overall returns. C) not likely to consistently outperform the market in subsequent periods. D) not likely to outperform the market in any subsequent period.

Economics

Which of the following is likely to increase measured GDP in the United States?

A) Florida implements a state income tax, prompting more Floridians to obtain jobs in the underground economy. B) Nissan increases production in its Japanese factories to produce more cars for export to the United States. C) Prostitution is legalized in all 50 states. D) A greater number of men in California decide to become "stay-at-home dads" to take care of their kids.

Economics

For a major country with extensive capital flows, what is the effect of a decrease in interest rates?

a. a currency depreciation and increased net exports b. a currency depreciation and reduced net exports c. a currency appreciation and increased net exports d. a currency appreciation and reduced net exports

Economics