If the United States sells computers to Russia, and uses the proceeds to buy shares of stock in Russian companies, the U.S. trade balance ________ and the U.S. financial account balance ________
A) rises; rises
B) rises; falls
C) falls; falls
D) falls; rises
B
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The consumer price index (CPI), the personal consumption expenditures price index (PCE), and the core PCE have over the last 15 years
A) moved roughly together with the CPI being the most stable. B) moved roughly together with the PCE being the most stable. C) not moved together, with the CPI being the most stable. D) moved roughly together with the core PCE being the most stable.
James offers you $1,000 today or $X in 7 years. If the interest rate is 4.5 percent, then you would prefer to take the $1,000 today if and only if
a. X < 1,045.00. b. X < 1,188.89. c. X < 1,266.67. d. X < 1,360.86.
Why does the government sometimes give monopoly power to a company by issuing a patent?
(A) The government does not want competition for the product. (B) The company pays the government for the patent. (C) The company can then profit from their research without competition. (D) The company makes a product better than anyone else's.
What determines the demand for a nonrenewable natural resource?
What will be an ideal response?