From 1983-2015, net exports for the United States
A) were negative. B) increased as exports rose above imports.
C) grew and then declined. D) were positive.
A
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Which of the following is not a significant source of revenue for the U.S. federal government?
A. Personal income taxes B. Corporate income taxes C. Payroll taxes D. Property taxes
A stock that has a price of $20 per share, earnings per share of $2.00, and a dividend of $1.50 will have
A) a PE ratio of 20/1.50. B) a yield of 7.5 percent. C) a yield of 12 percent. D) a PE ratio of 1.333.
Suppose a firm uses workers and office space to produce output. The firm is locked into a year-long lease on its office space, but it can easily vary the number of employee-hours it uses each day. The accompanying table describes the relationship between the number of employee-hours the firm uses each day and the firm's daily output. Each unit of output sells for $2, the hourly wage rate is $14, and the rent on the office space is $50 per day. Employee-Hours Per DayOutput Per Day0014048091201516023200 When the firm uses 9 employee-hours per day, it earns a daily ________ of ________.
A. profit; $64 B. profit; $114 C. loss; $64 D. loss; $114
Aggregate supply shocks are:
A. the results of fiscal policy actions. B. inflation shocks or shocks to potential output. C. the results of monetary policy actions. D. the results of structural policy actions.