Regarding increasing productivity, factor mobility is
A. Important in that it helps to fix a stable labor-intensive production process.
B. Important in that it helps to fix a stable capital-intensive production process.
C. Not important in either a stable or dynamic economy.
D. Important in that it helps to reallocate resources in a dynamic economy.
Answer: D
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Based on 2005 data what country is the worlds leading recycler?
a. Germany b. United States c. Japan d. Ireland e. Canada
A sign that Country A is under pressure to devalue its currency is its:
a. Current account is in deficit. b. Overall balance is in surplus. c. Reserves account is in deficit (i.e., negative). d. Overall balance is in deficit.
Your bike is worth $100 and if you park it outside at school there is a 25% chance that it will be stolen. Your utility function for money is U = 100(M). Assume throughout that the bike value and money are interchangeable since you could sell the bike instantly at its value if necessary. What is the maximum you will pay the campus security for the safekeeping service now?
What will be an ideal response?
Demand for the Brazilian real is
A) determined by how well the real maintains its value. B) a function of the Brazilian banking system. C) derived from the supply of U.S. dollars. D) derived from the demand for Brazilian goods.