Which of the following would most likely cause a nation's currency to depreciate?
a. an increase in domestic real interest rates
b. an increase in exports coupled with a decline in imports
c. an increase in the nation's inflation rate
d. a balance of trade surplus
c
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As the value of U.S. exports ________, the quantity of ________ demanded increases
A) increases; foreign currencies B) increases; dollars C) decreases; dollars D) None of the above is correct because the value of U.S. exports has nothing to do with the quantity of dollars or foreign currency demanded.
The provision of the Patient Protection and Affordable Care Act (ACA) which states that insurance companies are required to participate in a high-risk pool that will insure individuals with pre-existing medical conditions who have been unable to buy
health insurance for at least six months is the ________ provision. A) individual mandate B) regulation of health insurance C) state health insurance marketplaces D) employer mandate
Over the range of most of a firm’s output, average revenue is greater than price.
Answer the following statement true (T) or false (F)
Because of transactions which take place in the underground economy, the:
a. GDP calculation tends to overstate the actual value of goods sold in the economy. b. GDP calculation tends to accurately portray the value of goods sold in the economy. c. GDP calculation tends to understate the actual value of goods sold in the economy. d. value of the GDP calculation will be equal to the value of the national income calculation. e. value of the GDP calculation through the expenditure approach will be greater then the value calculated through the income approach.