The simultaneous import and export of goods in the same industry by a particular country is known as interindustry trade
a. True
b. False
Indicate whether the statement is true or false
False
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Changes in interest rates, all else held constant, cause a shift in ________.
A. the investment demand curve, but not the aggregate demand curve B. the aggregate demand curve, but not the investment demand curve C. the investment demand curve and the aggregate demand curve D. either the investment demand curve or the aggregate demand curve
The net present value of $1,000 received one year from now will
a. increase with the interest rate. b. exceed $1,000 as long as the interest rate is positive. c. exceed the net present value of $1,000 to be received two years from now. d. equal $1,100 if the current interest (discount) rate is 10 percent.
Which of the following would result in a movement along the production possibilities curve?
A) a fall in the unemployment rate B) growth in the capital stock C) population growth D) a change in the composition of two goods that a society chooses to produce
Suppose the economy experiences a recessionary gap. Policymakers who believe that government is too big would favor which of the following policies to close the gap?
A) decreases in transfer payment B) decreases in income tax rates C) increases in government purchases D) increases in interest rates