A Dutch firm builds a factory in the United States. This will be entered as a
A. credit in the U.S. current account.
B. credit in the U.S. capital account.
C. debit in the U.S. current account.
D. debit in the U.S. capital account.
Answer: B
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Ben is asked to rate the utility he would get from reading different types of publications for the next hour. If he read a graphic novel he would get utility of 5. If he read a biography, he would get utility of 4, and if he read his economics textbook, he would get utility of 9. An economist would predict that Ben will spend his next hour reading:
A. a graphic novel. B. a biography. C. his economics textbook. D. It is impossible to predict how Ben will spend his time.
If equal amounts of a variable input are sequentially added to the fixed input in a typical production function,
A. the additions to output will be constant. B. increments to output will increase indefinitely. C. the increments to output will decrease first and then increase. D. increments to output will first increase at an increasing rate and then at a decreasing rate.
The Millennium Development Goals adopted by the United Nations included targets for which of the following?
A. environmental protection B. education C. income growth D. all of the above
Discuss the political pressures associated with fiscal policy
Please provide the best answer for the statement.