If the dollar appreciates relative to the Yen, it can be said that
a. Japanese citizens respect the United States more.
b. the dollar increases in value within the United States.
c. the Yen depreciates relative to the dollar.
d. it takes more dollars to buy Yen.
C
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Refer to Figure 16-6. With this pricing scheme - a competitive price for the classes and a one-time membership fee - what amount of producer surplus will Sensei earn?
A) the area A + B + C + D + E + F + G + H B) the area E + F. C) the area H + G + F. D) the area A + B + C + D + E.
A current account surplus
A) poses a problem if domestic savings are being invested more profitably abroad than they would be at home. B) may pose no problem if domestic savings are being invested more profitably abroad than they would be at home. C) may pose no problem if domestic savings are being invested less profitably abroad than they would be at home. D) there is no relation between current account surplus and between savings and investment. E) poses a problem if domestic savings are being invested less profitably abroad than they would be at home.
If the output of a firm is increased by one unit, the revenue addition is called
a. total revenue. b. average revenue. c. marginal revenue. d. economic profit.
In economic analysis, which of the following is considered an injection?
a. saving b. taxes c. imports d. exports