If interest rates in the United States fall,
A) the value of the dollar will fall as foreign investors increase their holdings of U.S. investments.
B) the value of the dollar will fall as foreign investors decrease their holdings of U.S. investments.
C) the value of the dollar will rise as foreign investors decrease their holdings of U.S. investments.
D) the value of the dollar will rise as foreign investors increase their holdings of U.S. investments.
B
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One disadvantage of a sole proprietorship as a form of business organization is that
a. sole proprietorships cannot lower the transaction costs associated with contracting with resource owners b. sole proprietorships are less efficient than corporations, because they are less specialized in production c. owners of sole proprietorships can lose all their personal assets if the business is sued or fails d. owners of sole proprietorships generally find it difficult to negotiate separation agreements with the other partners in the firm e. owners of sole proprietorships generally have very little control over how they operate their businesses
Table 17.1Refer to Table 17.1. The marginal product of the fourth unit of labor is:
A. 40. B. 50. C. 52.5. D. 210.
In order to derive an individual's demand curve for salmon, we would observe what happens to the utility-maximizing bundle when we change
A) income and hold everything else constant. B) tastes and preferences and hold everything else constant. C) the price of the product and hold everything else constant. D) the price of a close substitute and hold everything else constant.
The demand for money is:
A. limited by the amount of currency printed by the government. B. unlimited, since people want to hold as much money as possible. C. the amount of income an individual chooses to hold in the form of money. D. the amount of wealth an individual chooses to hold in the form of money.