A depreciation of the dollar relative to another currency will raise U.S. exports, lower U.S. imports, and raise U.S. net exports
Indicate whether the statement is true or false
True
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If the price of new automobiles rises in the U.S. market while prices remain unchanged in foreign markets,
a. foreign firms will want to export fewer automobiles to the United States b. foreign firms will want to export more automobiles to the United States c. foreign firms will not change their exports to the United States since it is a different market d. U.S. firms will want to export more automobiles to foreign markets e. U.S. firms will not change their exports to foreign markets unless foreign prices also change
The In the News article in the text titled "Fiscal Policy in the Great Depression" discusses fiscal spending and taxation. During the Great Depression, the federal government pursued a policy of fiscal restraint that led to
A. A decrease in aggregate demand. B. An increase in aggregate supply. C. A decrease of the federal deficit. D. The retirement of bonds, which reduced the federal debt.
Suppose Firm A and Firm B are considering whether to invest in a new production technology. For each firm, the payoff to investing (given in thousands of dollars per day) depends upon whether the other firm invests, as shown in the payoff matrix below. 
What is the Nash equilibrium of this game?
A. Firm A invests, and Firm B doesn't invest. B. Firm A invests, and Firm B invests. C. Firm A doesn't invest, and Firm B doesn't invest. D. Firm A doesn't invest, and Firm B invests.
b. Issue refunds for returns in the form of a gift card.
a. It shows that consumers may not work as hard in some situations to maximize their marginal utility. b. It shows that consumers tend to overvalue the utility they will receive from any given situation. c. It shows that consumers are usually misled about the utility of a product by the people who are closest to them. d. It shows that consumers rarely try to maximize their marginal utility.