Demand for a country’s financial assets leads to demand for its currency.
Answer the following statement true (T) or false (F)
False
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Susan likes to drink sodas. The ________ soda Susan drinks, the ________ of the last soda
A) more; higher the marginal benefit B) less; higher the opportunity cost C) less; lower the marginal benefit D) more; lower the marginal benefit
The dollar value of GDP increased approximately 4 percent during the year, but real GDP fell 2 percent. Which of the following best explains this data?
a. The real capacity of the economy increased more rapidly than money output. b. In the international sector, there was a balance of trade deficit of approximately 2 percent of GDP. c. The inflation rate was approximately 6 percent during the year. d. The general level of prices rose approximately 2 percent.
Firms in an oligopoly market can potentially earn economic profits: a)in the short run, but not the long run
a. In the short run, but not the long run. ?b. In the long run, but not the short run. ?c. In both the short run and long run ?d. In neither the short run nor the long run
Increases in the duration of unemployment may
A. increase the number of discouraged workers. B. reflect a general downturn in economic activity that depresses job openings. C. increase the unemployment rate. D. all of these.