If the nominal interest rates rises, then the inflation rate must have increased
a. True
b. False
Indicate whether the statement is true or false
False
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When a nation exports a good, its consumer surplus ________, and its producer surplus ________
A) increases; increases B) decreases; decreases C) increases; decreases D) decreases; increases E) does not change; increases
Using the information in the table above, what does the slope of the line between x and y equal?
A) 5 B) -0.5 C) 2 D) -2
Net foreign investment is a measure of net capital outflows, equal to capital outflows minus capital inflows in a given period of accounting
Indicate whether the statement is true or false
The idea that economic agents do not make systematic errors because they use all information efficiently is called the
A) consistency hypothesis. B) rational expectations hypothesis. C) information efficiency hypothesis. D) principle of maximizing behavior.