Benefits of R&D spending to foreigners may be as much as 1/4 of the total value of the spending
Indicate whether the statement is true or false
TRUE
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Use the figure below to answer the following question. 
Which graph shows the immediate period for supply?
A. graph 1 B. graph 2 C. graph 3 D. graph 4
In the IS model, assuming that the real interest rate does not change, an increase in autonomous ________ leads to a decrease in equilibrium saving
A) investment B) consumption C) net exports D) all of the above E) none of the above
With which of the Ten Principles of Economics is the study of international trade most closely connected?
a. People face tradeoffs. b. Trade can make everyone better off. c. Governments can sometimes improve market outcomes. d. Prices rise when the government prints too much money.
Gross National Product is equal to:
(a) C+I+G+X-M. (b) C+I+X-M (+) or (-) NFY. (c) C+I+G +NX. (d) C+I+G+X-M (+) or (-) NFY.