Which question is an example of a microeconomic question?
A. What should the federal government do to reduce the trade deficit with Japan?
B. What factors are contributing to the steep rise in the federal government's total debt?
C. Will the merger of two airlines likely lead to higher cost of air travel in the economy?
D. Will the inflation rate remain relatively stable this year?
Answer: C
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Suppose that you are an Israeli citizen and had invested in a one-year U.S. bond that yielded 5 percent. The bond cost $5,000 and paid $5,250 at the end of the year. At the time you bought the bond, the exchange rate was 3.8 shekels/dollar
How many shekels did the bond cost? If the exchange rate fell to 3.5 shekels/dollar over this time period, what would the return on your investment be?
In the strategic view of bargaining:
a. You want to improve your opponent's outside options b. You want to decrease your outside options c. Bargaining is of a prisoner's dilemma game d. Bargaining is of a game of 'chicken'
In a closed economy, the formula for public saving is: Sprivate = T + G + TR
a. True b. False Indicate whether the statement is true or false
A radio ad conveys the hours a store is open. By doing this, the ad ______.
a. creates a more elastic demand curve. b. creates a demonstration effect c. communicates important information d. communicates misleading information