The absolute value of the slope of an indifference curve is called the:
a. marginal rate of transformation.
b. transitivity slope.
c. indifference rate of preference.
d. marginal rate of substitution.
d
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An increase in the foreign real interest rate will tend to cause, other things the same ________
A) individuals to hold fewer dollar assets B) an increase in the return on dollar assets relative to foreign assets C) an appreciation in the value of the U.S. dollar D) an increase in the demand for dollars
Since 1970, exports, as a percent of world GDP, have
a. decreased but remain higher than 10 percent b. increased c. remained about the same d. decreased to below 10 percent e. exceeded 100 percent
A monopolist will set its production at a level where marginal cost is equal to _____.
(A) Total revenue (B) Marginal revenue (C) The equilibrium market price (D) Quantity supplied
What experiences have developing countries had with trade blocs?
What will be an ideal response?