Suppose society wants to increase the number of teachers in society but doesn't want to pay teachers any more in salary and benefits. This could only occur by
A) making it more expensive to become a teacher, perhaps by raising college tuition rates.
B) making it less expensive to become a teacher, perhaps by offering subsidies to college tuition.
C) making computers more powerful.
D) increasing the income of student parents.
B
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The distinction between physical and financial capital is that
A) physical capital is equal to financial capital minus depreciation. B) financial capital depreciates and physical capital does not. C) the value of financial capital depends on the amount of available physical capital. D) physical capital is equal to financial capital plus depreciation. E) financial capital is used to purchase and operate physical capital.
When the Fed conducts an open market operation by purchasing securities from a bank, ________
A) public holdings of securities increase B) the bank's deposits increase but its reserves do not change C) the bank's deposits increase but its reserves decrease D) the bank's reserves increase
Which of the following development strategies emphasize freer trade?
a. Import substitution b. Export promotion c. Higher export tariffs d. Higher import tariffs
Net capital outflow measures how many capital goods are:
A. exported minus how many are imported to a country. B. imported from a country. C. exported from a country. D. imported to a country minus exported from a country.