A currency depreciation is usually inflationary
a. True
b. False
Indicate whether the statement is true or false
True
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When economists look at comparative advantage and test to see if the theory works in data, they find:
Roughly how many times has the U.S. experienced a budget surplus since 1960?
A) 0 B) 5 C) 10 D) 20 E) 30
Because checking accounts are ________ liquid for the depositor than savings accounts, they earn ________ interest rates
A) less; higher B) less; lower C) more; higher D) more; lower
Standard economic theory suggests which of the following in terms of labor migration across states in the United States?
A. Workers are likely to migrate from low-wage states to high-wage states. B. Older workers are more likely to migrate than are younger workers. C. Workers migrate randomly. D. Workers are likely to migrate from high-wage states to low-wage states. E. Workers migrate at most twice per lifetime.