Which of the following transactions is not a use of funds for Country A?
a. Imports to Country A from the rest of the world.
b. Increases in Country A's central bank reserve assets.
c. Dividends Country A pays to the rest of the world.
d. Loans to Country A from the rest of the world.
e. None of the above is a use of funds.4.Sources of funds in the balance of payments are:
a. Increases in liabilities and reductions in assets relative to the rest of the world.
b. Increases in assets and reductions in liabilities relative to the rest of the world.
c. Increases in liabilities and assets relative to the rest of the world.
d. Decreases in assets and liabilities relative to the rest of the world.5.Uses of funds in the balance of payments are:
a. Increases in liabilities and reductions in assets relative to the rest of the world.
b. Increases in assets and reductions in liabilities relative to the rest of the world.
c. Increases in liabilities and assets relative to the rest of the world.
d. Decreases in assets and liabilities relative to the rest of the world.
.B
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If a union is able to decrease the supply of workers in a competitive labor market but the union cannot affect the demand for its members' labor, then
A) wages and the quantity of labor hired will both increase. B) wages will increase but the quantity of labor hired will decrease. C) wages will decrease but the quantity of labor hired will increase. D) wages and the quantity of labor hired will both decrease.
The demand curve facing the monopolistically competitive firm is:
A. flat. B. vertical. C. U-shaped. D. None of these statements is true.
The narrowest definition of the money supply (M1) includes
a. cash and travelers' checks. b. cash, travelers' checks, and savings account balances. c. cash, checking account balances, and travelers' checks. d. cash, bank deposits, and money market accounts.
Productive inefficiency implies that
A) it is possible to obtain gains in one area without losses in another. B) it is impossible to obtain gains in one area without losses in another. C) there are too many resources. D) there are too few resources. E) none of the above