If Brazil buys $100 million of tractors from the U.S., then U.S. net exports will decrease
a. True
b. False
Indicate whether the statement is true or false
False
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In the above figure, without a minimum wage, the equilibrium quantity of labor employed ________ million hours, and the equilibrium wage rate is ________ per hour
A) 100; $2 B) 200; $4 C) 300; $6 D) 400; $8
The prefrontal cortex uses both gut feelings and cognition in the decision-making process.
Answer the following statement true (T) or false (F)
Suppose that there is no government and no international trade. When C + I is less than the level of real GDP
A. unplanned inventories decrease, and real GDP expands. B. unplanned inventories equal zero, and there is no change in the level of real GDP. C. unplanned inventories increase, and real GDP contracts. D. real planned investment spending equals real planned saving.
Dynamic tax analysis assumes that
A) an increase in a tax rate may lead to a decrease in the tax base. B) an increase in a tax rate will lead to an increase in the tax base. C) an increase in a tax rate will leave the tax base unchanged. D) the tax base will always remain unchanged.