A depreciation of the U.S. dollar will encourage, other things the same ________
A) the purchase of foreign goods by foreign economic agents
B) the purchase of foreign goods by U.S. economic agents
C) the purchase of U.S. assets by foreign economic agents
D) the purchase of foreign assets by U.S. economic agents
C
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Last year, the unemployment rate was 4 percent and the inflation rate was 3 percent. If the natural rate of unemployment is 3 percent, how do you expect inflation to change?
What will be an ideal response?
The functional form of corporate organization
a. organizes employees along the functions or tasks that they perform b. organizes employees along the customer types that they serve c. organizes employees along individual projects that arise d. organizes employees into softball teams
Refer to the following graph. The price of labor is $3 per unit:
What is the minimum cost of producing 100 units of output?
A. $150 B. $105 C. $60 D. $75
Which of the following is a shortcoming of GDP?
A. GDP measures used goods and services. B. GDP includes changes in inventories. C. GDP includes the value of net exports. D. GDP does not make an allowance for leisure time.