Which statement is true?
A. Foreigners are holding over $1 trillion in U.S. currency (which they have not invested in the U.S.).
B. If foreigners keep buying U.S. assets, we will run out of things to sell before the year 2025.
C. Within 10 years the United States will probably go bankrupt.
D. None of these statements are true.
A. Foreigners are holding over $1 trillion in U.S. currency (which they have not invested in the U.S.).
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Marginal utility measures the
A) total utility from consumption. B) additional utility from an additional unit of consumption. C) average utility from an additional unit of consumption. D) additional cost of an additional unit of consumption.
A duopoly is a form of
A) perfect competition. B) monopolistic competition. C) oligopoly. D) monopoly.
Suppose the economy is producing at the natural rate of output and the government passes legislation that severely restricts a company's ability to reduce production costs via outsourcing
Everything else held constant, this policy action will cause ________ in the unemployment rate in the short run and ________ in inflation in the short run. A) an increase; an increase B) a decrease; a decrease C) a decrease; an increase D) no change; no change
The U.S. Federal Reserve, the Bank of Japan, the Bank of England, and the European Central Bank are all in charge of what for the countries they represent?
A. Debt management. B. Unfunded liabilities. C. Monetary policy. D. Fiscal policy.