Other things the same, if the real interest rate in a country falls, domestic residents will desire to purchase
a. more capital goods and more foreign bonds.
b. more capital goods but fewer foreign bonds.
c. more foreign bonds but fewer capital goods.
d. fewer capital goods and fewer foreign bonds.
a
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Due to the fact that Curly used his frequent flyer miles to fly to visit Moe, Curly told Moe that it didn't cost him anything to visit. Is Curly correct?
A. Yes, because Curly could stay at Moe's house for free. B. No, because Curly had to pay for earlier trips in order to earn the frequent flyer miles. C. No, because Curly could have used his frequent flyer miles to go somewhere else instead. D. Yes, because Curly's frequent flyer miles made the trip free.
Answer the following statement(s) true (T) or false (F)
1. Within the process of risk assessment, the description of expected risk, how that risk was assessed, and those areas needing policy decisions is collectively known as exposure assessment. 2. The objective of risk management is to both identify risk and to respond to it. 3. The only level of “acceptable” risk to society is a risk level of zero. 4. De minimis risk identifies the point at which risk is set to zero. 5. According to the textbook application, exposure to radon gas is an example of a voluntary risk.
When the economy goes into recession, the biggest increase in unem-ployment is _________
A. structural because jobs are lost in most states B. cyclical because jobs are lost in many industries as they cut production C. frictional because the creation of jobs slows D. the combination of structural and frictional as few new jobs are created.
Social equality implies the absence of class stratification
Indicate whether the statement is true or false