According to the saving and investment equation, if net foreign investment rises by $60 million,
A) domestic investment will rise by $60 million. B) private saving will fall by $60 million.
C) national saving will fall by $60 million. D) national saving will increase by $60 million.
D
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Sarah is a full-time student who is not looking for work. What kind of unemployment is Sarah experiencing?
A) frictional B) cyclical C) structural D) Sarah is not experiencing unemployment of any kind, because she is not currently part of the labor force.
Marginal profit is the addition to a firm’s total profit from a
A. $1 change in its price. B. one-unit change in its output. C. reduction in total cost. D. reduction in marginal cost.
The kinked demand curve model explains pricing in monopoly markets
a. True b. False Indicate whether the statement is true or false
Exhibit 4-6 Demand and supply curves
If the market supply increases and, simultaneously, market demand decreases, the new equilibrium will show:
A. market price will decrease, and market quantity exchanged could increase, decrease, or remain unchanged. B. market price will increase, and market quantity exchanged will decrease. C. market price will increase, and the quantity exchanged could increase, decrease, or remain the same. D. market price could increase, decrease, or remain the same, and quantity exchanged will increase.