Refer to the graph shown. U.S. fiscal policy is most likely to shift the demand for dollars from D1 to D2 if it increases U.S.:
A. income.
B. imports.
C. interest rates.
D. prices.
Answer: C
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To improve package delivery, one change UPS made involved improvements in how packages were routed. The firm started using more detailed maps to plan the routes for packages
As a result, the typical delivery driver could travel several miles less per day while delivering more packages. Which of the following statements best describes this change at UPS? A) The firm is able to produce more output (deliver more packages) using the same number of inputs (trucks and drivers). Therefore, UPS has implemented a positive technological change. B) Technological change refers only to the introduction of new products or improvements to existing products. As such, the scenario described in the question is not technological change. C) The change implemented is not an example of technological change because it did not require the use of new machinery or equipment. D) The scenario described is an example of management efficiency and not technological change. Essentially, the chain changed its way of operating its business.
The MC of a firm:
A. crosses AVC and ATC at its minimum. B. crosses TC at its minimum. C. crosses MR at the above the profit-maximizing level of output. D. is a horizontal line indicating that costs are constant in perfect competition.
The typical tax-haven subsidiary owns the common stock of its related operating foreign subsidiaries.
a. true b. false
All of the following are examples of spending on goods and services in the circular flow model except
A) Giovani buys a new cell phone to replace the one he flushed down the toilet. B) Amir buys a new humidor for his cigar shop. C) Isabella buys the sushi plate for lunch at the Turning Japanese Sushi Bar. D) Vijay buys a new minivan for his family's cross-country vacation.