An appreciation in the U.S. dollar benefits which of the following groups of people?
A. All people living in the United States
B. U.S. producers who export farm equipment to other countries
C. U.S. consumers who buy imported automobiles
D. Foreigners who wish to travel to the United States
Answer: C
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The existence of rating agencies has
A) lowered returns on corporate bonds. B) raised returns on corporate bonds. C) left returns on corporate bonds largely unaffected. D) raised returns on both corporate bonds and Treasury securities.
The statistic called Gross Output (GO) is bigger than GDP, because GO sums up the values in all stages of a productive economy, whereas GDP accounts only for the final stage.
Indicate whether the statement is true or false
The person hired by a corporation's board of directors to ________ is known as the chief executive officer
A) chair the board of directors B) run the day-to-day operations of the corporation C) audit the financial records of the corporation D) hire additional members for the board of directors
Market equilibrium occurs when
A. the quantity demanded equals the quantity supplied. B. the market is changing rapidly. C. other things remain the same. D. buyers get the lowest possible price. E. everyone who wants the good gets the quantity he or she wants.