Which statement is false?
A. Foreigners own a much greater percentage of the assets in the U.S. then they did in the early 1980s.
B. Americans have assets of over $1 trillion in foreign countries.
C. The dollar value of assets held by Americans in foreign countries has been declining since 1985.
D. None of these statements are false.
C. The dollar value of assets held by Americans in foreign countries has been declining since 1985.
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A contour map illustrates which of the following?
A. The cause–effect relationship between two variables B. The cause–effect relationship between three variables C. The way that three variables are correlated D. The way that one variable affects another, which in turn affects a third variable E. The way that two variables are correlated and in turn cause changes in a third variable
If the inflation rate in the United States is higher than that in Mexico and productivity is growing at a slower rate in the United States than in Mexico, then, in the long run, ________, everything else held constant
A) the Mexican peso will appreciate relative to the U.S. dollar B) the Mexican peso will depreciate relative to the U.S. dollar C) the Mexican peso will either appreciate, depreciate, or remain constant relative to the U.S. dollar D) there will be no effect on the Mexican peso relative to the U.S. dollar
Military expenditures in democratic nations may be _____
a. too low because politicians have long time horizons b. too low because politicians have short time horizons c. too high because politicians have long time horizons d. too high because politicians have short time horizons
An example of a market subject to adverse selection would be:
A. the video game market. B. the new appliance market. C. the used car market. D. uniform commodity markets like crude oil.