Businesses often center production activities around
A) agents.
B) teams.
C) principals.
D) principals and agents.
B
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Assume that the expectation of a recession next year causes business investments and household consumption to fall, as well as the financing to support it. If the nation has low mobility international capital markets and a fixed exchange rate system, what happens to the nominal exchange rate and the monetary base in the context of the Three-Sector-Model? a. The nominal exchange rate remains the
same and monetary base rises. b. The nominal exchange rate falls and monetary base falls. c. The nominal exchange rate remains the same and monetary base falls. d. The nominal exchange rate and monetary base remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
A point inside a society's production possibilities curve represents
A) an unattainable combination of outputs. B) an output combination that satisfies the needs of the population. C) an underutilization of productive resources. D) a technically superior output combination.
Assuming the United States is the "domestic" country, if the real exchange rate between the United States and Russia decreases from 28 to 23
A) the prices of U.S. goods and services have increased by 25.5% relative to Russia. B) the prices of U.S. goods and services have decreased by 5% relative to Russia. C) the prices of U.S. goods and services have decreased by 18% relative to Russia. D) the prices of U.S. goods and services have increased by 22% relative to Russia.
What is the future value of $450 at an interest rate of 9 percent two years from today?
a. $534.65 b. $546.35 c. $565.18 d. $574.13