Persistent current account deficits in the United States
A) cause persistent declines in investment in the United States.
B) will eventually cause the value of the dollar to rise.
C) can be seen as a vote of confidence in the strength of the U.S. economy.
D) cause U.S. investors to accumulate more foreign assets than foreign investors accumulate U.S. assets.
C
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Real-world applications of deposit-refund systems include
a. programs implemented through state bottle bills b. initiatives aimed at proper disposal of lead-acid batteries c. programs that create incentives to return scrapped vehicles d. all of the above e. none of the above
Which of the following is a feature of a black market? a. It includes transactions that are not approved by the government
b. It includes the transaction of goods between the government and firms. c. It includes the transaction of intermediate goods. d. It includes the transaction of final goods and services that are produced in a country.
The consumer price index was 225 in 2008 and 232.2 in 2009 . The nominal interest rate during this period was 6.5 percent. What was the real interest rate during this period?
a. 1.6 percent b. 3.3 percent c. 5.1 percent d. 7.4 percent
In a "reverse repurchase agreement," the Fed:
A. takes on assets besides T-Bills in exchange for T-Bills. B. takes on T-Bills in exchange for other assets besides T-Bills. C. takes on T-Bills in exchange for reserves. D. takes on reserves in exchange for T-Bills.