The demand for Country X's most important exportable product- electronic goods- is likely to double in the next 5 years. Which of the following is likely to happen in this case?
A) Consumption in Country X will rise. B) Asset prices in Country X will fall.
C) Unemployment rate in Country X will rise. D) Investment in Country X will fall.
A
You might also like to view...
In explaining the evolution of money
A) government regulation is the most important factor. B) commodity money, because it is valued more highly, tends to drive out paper money. C) new forms of money evolve to lower transaction costs. D) paper money is always backed by gold and therefore more desirable than checks.
The circular flow model shows the flow of: a. money in the economy
b. financial assets in the economy. c. goods and services in the product market. d. resources and money in the economy. e. resources through the resource markets and their allocation in the product market.
Capital gains taxes are taxes on the profits from the rising market value of investments
a. True b. False Indicate whether the statement is true or false
Assuming that bus travel is an inferior good, a decrease in consumer income, other things being equal, will cause
a. a downward movement along the demand curve for bus travel. b. no change in the demand curve for bus travel. c. an upward movement along the demand curve for air travel. d. a rightward shift in the demand curve for bus travel.