U.S. import spending is not affected by U.S. real income but is influenced by the economic activity of its major trading partners and the exchange rate, hence import spending is taken as autonomous
Indicate whether the statement is true or false
FALSE
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Holding all other factors constant, the quantity demanded of an asset is
A) positively related to wealth. B) negatively related to its expected return relative to alternative assets. C) positively related to the risk of its returns relative to alternative assets. D) negatively related to its liquidity relative to alternative assets.
Matt is going to college to become a pharmacist. What he learns about existing information increases
a. both technological knowledge and human capital. b. technological knowledge but not human capital. c. human capital but not technological knowledge. d. neither technological knowledge nor human capital.
Based on TJCA, the value of personal exemptions:
A. is $0.00 B. is $2400.00 C. varies with taxpayer's marginal tax rates D. is the same as the standard deduction
The Supreme Court has defined the offense of monopolization to
A. be when only one firm exists in an industry. B. be unfair acts in the practice of commerce. C. include the possession of monopoly power and the willful maintenance of that power. D. occur when asymmetric information exists.