Which of the following is true?
a. When foreigners supply more funds than they demand, there is a capital inflow
b. When foreigners demand more funds than they demand, there is a capital outflow.
c. Capital flows will tend to move real interest rates in different countries closer to one another.
d. All of the above are true.
d
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The majority of spending in the government purchases category comes from the federal government
Indicate whether the statement is true or false
If the government keeps the price of bread low through subsidies, and farmers consequently buy bread to feed to their pigs, we can infer that
A) pigs are more valuable than people. B) pork is more valuable than people. C) the farmers find it efficient to feed bread to pigs. D) the market system is not working. E) waste is occurring because marginal benefit is less than marginal cost.
Which is the largest cash transfer program for the poor?
A. TANF B. Medicare C. SSI D. Medicaid
Consumers are better off with pricing in the following order: 1)________; 2)________; 3)________
A) competitive market; perfect price discrimination; single-price monopoly B) competitive market; single-price monopoly; perfect price discrimination C) single-price monopoly; competitive market; perfect price discrimination D) Unable to determine.