In economics, the term marginal refers to
a. the change or difference between two alternatives.
b. man-made resources as opposed to natural resources.
c. the satisfaction a consumer receives from a good.
d. holding everything else constant in the analysis.
A
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When a nation exports a good, its ________ surplus increases and its ________ surplus increases
A) consumer; total B) consumer; consumer C) producer; producer D) producer; total E) total; consumer
The interest rate on U.S. government securities is often called the
a. prime rate b. public discount c. riskless rate d. superior rate e. universal discount
Suppose you like to make, from scratch, pies filled with banana cream and vanilla pudding. You notice that the price of bananas has increased. As a result, your demand for vanilla pudding would
a. decrease. b. increase. c. be unaffected. d. There is insufficient information given to answer the question.
Capital flight refers to
a. the movement of workers across international borders in response to exchange rate changes. b. the movement of funds between financial intermediaries when interest rates change. c. the ability of foreign direct investment to lift a country out of poverty. d. a large and sudden movement of funds out of a country.