Which of the following is not a factor which would be relevant to country risk analysis?
A) political uncertainty
B) external debt
C) economic growth
D) none of the above.
D
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In the period from 1929 through 1933, there were successive ________ in aggregate demand and ________ in short-run aggregate supply
A) increases; decreases B) decreases; increases C) decreases; no change D) increases; increases
An American worker who becomes unemployed typically receives 100% of her former salary during the first six months she is unemployed
a. True b. False Indicate whether the statement is true or false
Which of the following is an advantage of tradable pollution permits?
a. Each firm is allowed to pollute exactly the same amount. b. Revenue from the sale of permits is greater than revenue from a corrective tax. c. The initial allocation of permits to firms does not affect the efficiency of the market. d. Firms will engage in joint research efforts to reduce pollution.
Other things the same, if a price change causes total revenue to change in the opposite direction, demand is:
A. perfectly inelastic. B. relatively elastic. C. relatively inelastic. D. of unit elasticity.