If the federal government budget deficit increases, then interest rates will _____, the U.S. dollar will _____, and the foreign trade deficit will _____
a. increase; depreciate; decrease
b. increase; appreciate; increase
c. increase; depreciate; increase
d. decrease; appreciate; increase
e. decrease; depreciate; decrease
b
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In the table above, y is measured along the y-axis and x along the x-axis. The slope of the relationship between x = 0 and x = 2 is
A) -6. B) 2. C) 3. D) 6.
If an economy can produce a maximum of 10 units of good X and the opportunity cost of 1X is always 2Y, then what is the maximum units of good Y the economy can produce?
A) 5 B) 200 C) 20 D) 500 E) none of the above
Net capital outflow measures how many capital goods are:
A. exported minus how many are imported to a country. B. imported from a country. C. exported from a country. D. imported to a country minus exported from a country.
A monopolist's cost curves may shift up because of
a. advertising expenditure. b. bureaucratic inefficiencies. c. coordination problems. d. All of the above are correct.