Refer to Table 11-4. In the table above, which countries are consistent with the predictions of the economic growth model?
A) all four countries B) Japan and Guatemala
C) only Japan D) Botswana and Thailand
D
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News about __________ sends stock and bond prices in the same direction
A) some expenditure indicators B) GDP C) inflation D) capacity utilization
When speed boat sales rise, the city of Las Vegas takes in more revenue. The omitted common variable between these outcomes is likely to be:
A. life jacket sales. B. prices of Las Vegas flights. C. childhood obesity. D. increased disposable income.
Economists argue that:
a. accounting costs consider all types of costs including implicit costs b. there is an opportunity cost associated with all decisions. c. economic decisions do not have opportunity costs but other decisions do. d. economic decisions should consider sunk costs
In the first quarter of 2015 the U.S. had a trade deficit. In the first quarter of 2016 exports fell and imports rose. According to these numbers what happened to net exports?