The U.S. balance of payments status may improve when
A) the inflation rate increases in the United States relative to other countries.
B) political instability in other countries increases.
C) the world demand for U.S. products falls.
D) the American government increases its spending on foreign aid.
B
You might also like to view...
Policy makers cannot achieve both price stability and economic activity stability when facing
A) temporary supply shocks. B) permanent supply shocks. C) demand shocks. D) all of the above.
If a game contains private information, then
A) the game's outcome is affected. B) firms will engage in cheap talk to coordinate their actions. C) players will decide not to play the game. D) third-party negotiations are necessary to resolve the information gap.
You own stock worth an estimated $1 million in the LPL corporation. In addition, you have personal assets worth another $2 million. LPL becomes insolvent, with debts exceeding assets by $15 million. Your personal wealth will decline by
a. $0 b. $1 million c. $1.5 million d. $3 million e. your proportion of the total outstanding stock shares times $15 million
In communities where more people carry property insurance you would expect people to be:
A. less careful about securing their possessions. B. more careful about securing their possessions. C. less likely to engage in behaviors that would be classified as moral hazard. D. paying less for property insurance relative to communities where fewer people carry property insurance.