The current account includes records of a country's
A) net transfers.
B) net investment income.
C) net exports.
D) All of the above are included in an economy's current account.
D
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For S&Ls in the early 1980s the __________ cost of short-term deposits turned their net interest margin __________
A) increasing; positive B) increasing; negative C) decreasing; positive D) decreasing; negative
All of the following might be considered rent-seeking behavior by firms, except one. Which is the exception?
a. bribes to government officials b. money spent on lobbying government officials c. advertisements describing the firm's position on an issue under legislative review d. money spent on advertising for new products e. time spent testifying before state and federal committees
The watershed approach
a. is a framework used to coordinate the management of each hydrologically defined area b. has been rejected by U.S. policy makers c. has received no financial support from the federal level of government d. does not allow for the use of water quality trading
Refer to the accompanying figure. This economy would be operating at point B if:
A. the opportunity cost of making milk were higher than the opportunity cost of making movies. B. the opportunity cost of making movies were higher than the opportunity cost of making milk. C. it was operating efficiently. D. resources that are better-suited to making movies were being used to make milk, while resources that are better-suited to making milk were being used to make movies.