Refer to the information provided in Figure 11.1 below to answer the question(s) that follow. 
Figure 11.1 Refer to Figure 11.1. If the market rate of interest is < 5%, this firm's investment will total
A. $0.
B. < $5,000.
C. $7,000.
D. > $15,000.
Answer: D
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If the United States has a $300 billion trade deficit, then there must be:
A. net capital inflows of $300 billion. B. net capital outflows of $300 billion. C. net capital inflows of -$300 billion. D. no capital inflows or capital outflows.
The types of games analyzed by the Nash equilibrium are
a. Simultaneous move games b. Sequential move games c. Both of the above d. None of the above
If a used car dealer purchases a used car for $3,000, makes repairs and refurbishes it, then sells it for $8,000, the
a. dealer contributes value added equal to $5,000, but nothing is added to GDP. b. dealer contributes value added equal to $5,000, and consequently $5,000 is added to GDP. c. dealer contributes nothing to production because only existing goods are involved. d. dealer contributes value added equal to $8,000, but only $5,000 is added to GDP.
Deadweight losses and administrative burdens are key factors considered when determining the efficiency of the tax system
a. True b. False Indicate whether the statement is true or false