A fall in the user cost of capital
A) could occur as a result of a higher depreciation rate.
B) would lead to more capital-intensive methods of production.
C) would lead to less capital-intensive methods of production.
D) could occur as a result of a decrease in the marginal product of capital.
B
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What other economic process needs to accompany international trade, for nations to benefit from such trade?
A. Nationalization of industries B. Regulation of production and trade C. Spreading of resources to more industries D. Specialization in production
Since the 1970s, union membership in the U.S. has been
A) rising. B) remaining constant. C) declining. D) erratic.
A price ceiling is always a binding price control, whereas a price floor may be either binding or not binding
a. True b. False Indicate whether the statement is true or false
Unilateral transfers are
A) transactions that take place within the geographic boundaries of a country. B) gifts from residents of one country to foreign residents. C) transactions that take place across geographic boundaries but in which both participants are citizens of the same country. D) government transactions that involve reserves.