If the rate of inflation in the U.S. falls relative to the rate of inflation in foreign nations, U.S. exports _______ and imports _______.
A. increase; decrease
B. decrease; increase
C. decrease; decrease
D. increase; increase
A. increase; decrease
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How will the new federal government's new national health care program be funded?
A) The federal government will charge all participants of health insurance exchanges 3.8%. B) Firms with at least 50 employees must pay an annual fine of up to $750 per employee regardless of coverage. C) A tax rate of 3.8 percent will be assessed on nearly all earnings above $200,000 per year for individuals and above $250,000 per year for married couples. D) Nearly all U.S. residents will pay a fine of up to $750 per year for an individual (up to $2,250 per year for a family) regardless of coverage.
Any bank that uses deposits to make loans: a. operates on a 100 percent reserve system
b. operates on a fractional reserve system. c. does not operate on a reserve system. d. does not keep reserves in its vaults. e. charges an interest rate determined by the reserve ratio.
National income accountants can avoid multiple counting by:
a) including transfer payments in their calculations. b) only counting final goods. c) counting both intermediate and final goods. d) only counting intermediate goods.
List six events that could cause a shift in the investment demand curve.
What will be an ideal response?