A decrease in U.S. interest rates leads to
a. a depreciation of the dollar that leads to greater net exports.
b. a depreciation of the dollar that leads to smaller net exports.
c. an appreciation of the dollar that leads to greater net exports.
d. an appreciation of the dollar that leads to smaller net exports.
a
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Oligopolists use advertising as a way of differentiating their products.
Answer the following statement true (T) or false (F)
When there is a fixed or limited supply of some good (such as oil, water, or a mineral), the environmental situation is essentially _______________ , and realists predict that states will do all they can to control these resources.
Fill in the blank(s) with the appropriate word(s).
Cheese Bread England 40 20 Spain 20 5 The table above shows how much each of two countries can produce in 40 hours. (For example, England can produce 40 units of cheese in 40 hours.) For Spain, what is the opportunity cost of producing 1 unit of bread?
a. 4 cheese b. 2 cheese c. 1/2 cheese d. 1 cheese e. 1/4 cheese
If the labor force is 50 million and 48 million are employed then the unemployment rate is
A. 2%. B. 4%. C. 5%. D. 52%.