An increase in real interest rates in the United States
a. discourages both U.S. and foreign residents from buying U.S. assets.
b. encourages both U.S. and foreign residents to buy U.S. assets.
c. encourages U.S. residents to buy U.S. assets, but discourages foreign residents from buying U.S. assets.
d. encourages foreign residents to buy U.S. assets, but discourages U.S. residents from buying U.S. assets.
b
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If a city decides to lift restrictions on how many taxi cabs can operate, social welfare will increase
Indicate whether the statement is true or false
A natural gas monopoly currently sells 100 cubic feet of gas at $1.10 per cubic foot. To sell one more cubic foot, the natural gas company must lower the price of gas to $1.09 . Which of the following best describes the marginal revenue of the 101st cubic foot of natural gas? a. The marginal revenue equals the price, or $1.09
b. The marginal revenue equals the change in price, or $ 0.01. c. The marginal revenue is less than $1.09. d. The marginal revenue is greater than $1.09.
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Which of the following sequence of events follows an increase in net taxes?
A) AE? Y? Md? r? I? AE?. B) AE? Y? Md? r? I? AE?. C) AE? Y? Md? r? I? AE?. D) AE? Y? Md? r? I? AE?.