The real value of an economic statistic refers to a statistic that has been adjusted for:
a. depreciation
b. recession.
c. inflation.
d. unemployment.
c
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Explain how the money markets of two countries are linked through the foreign exchange market
What will be an ideal response?
The type of contract selected depends on the information available to the parties
Indicate whether the statement is true or false
Since 1980 U.S. net capital outflow has been
a. negative, meaning that foreigners were buying more capital assets from the United States than Americans were buying abroad. b. negative, meaning that Americans were buying more capital assets abroad than foreigners were buying from the United States. c. positive, meaning that foreigners were buying more capital assets from the United States than Americans were buying abroad. d. positive, meaning that Americans were buying more capital assets abroad than foreigners were buying from the United States.
Suppose the domestic supply (QS) and demand (QD) for MP3 players in the United States is represented by the following set of equations:QS = -25 + 10PQD = 875 - 5PThe consumer surplus will ________ by ________ when the United States engages in international trade and the international price for MP3 players settles at $50.
A. increase; $6,000 B. decrease; $7,150 C. decrease; $13,500 D. increase; $2,625