For country A, an import is a good produced in

A) country A and purchased by residents of country B.
B) country A and purchased by residents of country A.
C) country B and purchased by residents of country A.
D) country B and purchased by residents of country B.


C

Economics

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Which of the following is NOT considered an example of a capital good?

A) a miner's cap B) a GPS tracking device C) an airport kiosk D) a U.S. government bond E) a stethoscope

Economics

FDI stands for:

A. foreign direct investment. B. foreign domestic income. C. foreign direct income. D. foreign domestic investment.

Economics

Maude is complaining about how much she pays in taxes now that the economy is finally doing really well. Even though she's in the same tax bracket as she was last year, she's paying $500 more in taxes this year, just because she earned more overtime pay this year. Maude's increased tax payment to the government is an example of:

A. automatic stabilizers. B. discretionary fiscal policy. C. expansionary fiscal policy. D. contractionary fiscal policy.

Economics

If Jorge is temporarily absent from his regular job because of an industrial dispute, the Bureau of Labor Statistics will classify him as unemployed

Indicate whether the statement is true or false

Economics