A reduction in G or an increase in T would lead to lower real interest rates in the United States, a depreciating dollar, and, eventually, a smaller trade deficit..
Answer the following statement true (T) or false (F)
True
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Suppose a monopolist's demand curve lies below its average variable cost curve. The firm will:
a. earn an economic profit. b. stay in operation in the short-run. c. shut down. d. none of these.
Labor markets are generally perfectly competitive markets
a. True b. False Indicate whether the statement is true or false
A government policy aimed at protecting people against the risk of adverse events is called
A U.S. citizen buys bonds issued by a construction equipment manufacturer in Poland. Her expenditures are U.S
a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.