When the market value of the dollar falls relative to other currencies around the world, we say that
A) the supply of dollars has decreased. B) the dollar has depreciated.
C) the demand for dollars has decreased. D) the dollar has appreciated.
B
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If the demand and supply curves for a commodity both shift to the left by the same amount, then in comparison to the initial equilibrium, the new equilibrium will be characterized by:
A) a higher price quantity. B) the same price and a higher quantity. C) the same price and a lower quantity. D) a lower price and a higher quantity.
The risk of making a loan is
A) earning profits that are too high and cause higher taxes. B) the risk that lender does not pay. C) the risk that the borrower does not pay. D) called "default risk" when taxes are not paid.
All of the following are part of the "taxes" provision of the Patient Protection and Affordable Care Act (ACA) except
A) investors earning more than $200,000 pay a new tax on their investment income. B) workers earning more than $200,000 pay higher Medicare payroll taxes. C) beginning in 2018, all taxes on employer-provided health insurance plans will be reduced or eliminated. D) pharmaceutical firms and health insurance firms pay new taxes.
The Solow residual is a measure of
A) average labor productivity. B) average capital productivity. C) total factor productivity. D) the rate of growth of real GDP.