Which of the following countries does NOT use the U.S. dollar as its official currency?
A) Panama
B) El Salvador
C) Ecuador
D) Guatemala
D
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________ recognizes that obtaining any scarce good involves a cost which affects behavior and goal setting
a. The Dagher Theory b. Fiduciary thinking c. The Nish-Byer Theory d. Economic thinking
A country has $45 million of domestic investment and net capital outflow of -$60 million. What is its saving?
a. $15 million b. -$15 million c. $105 million d. -$105 million
If a firm collects $90 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $105 in revenue when it sells 6 units, then one can infer the firm is a:
A. price taker. B. monopolist. C. profit maximizer. D. perfect competitor.
?
Macro AD-AS Model
?In Exhibit 10A-4, the level of real GDP represented by Yp:
A. ?would be associated with considerable unemployment. B. ?indicates that the economy is experiencing zero inflation. C. ?indicates that the economy is experiencing a recessionary gap. D. ? is potential real GDP for this economy.