A two-way network linking nine users creates how many potential network connections?
A. 72
B. 90
C. 56
D. 18
Answer: A
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A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____
a. marginal returns b. total costs c. marginal costs d. average costs e. average benefits
GDP per capita is
a. GDP/GDP deflator. b. GDP deflator/GDP. c. population/GDP. d. GDP/population.
Under a gold standard,
a. with a balance of payments deficit, interest rates would fall and attract foreign capital. b. a deficit in the balance of payments increased a nation's money supply automatically. c. all currencies were defined in terms of gold. d. when a nation had a deficit in its balance of payments, more gold was flowing in than was flowing out. e. All of the above are correct.
A good time for an American to hold German stocks, ceteris paribus, is when the
A. Euro is stable compared to the U.S. dollar. B. The return in the German stock market has no relationship to the value of the dollar compared to the euro. C. U.S. dollar appreciates in value compared to the euro. D. U.S. dollar depreciates in value compared to the euro.