When a U.S. investor buys a bond issued in a foreign country
A) the balance on the financial account decreases. B) the balance on the capital account decreases.
C) the balance of trade decreases. D) the balance on the current account decreases.
A
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Which of the following policies would reduce structural unemployment?
A) implementing an unemployment insurance policy B) a job retraining program C) building an online job database that helps workers find jobs D) an increase in the minimum wage
The simultaneous export and import of widgets by the United States is an example of
A) intra-industry trade. B) increasing returns to scale. C) imperfect competition. D) inter-industry trade. E) the effect of a monopoly on international trade.
Unions cannot exert market power without exerting control over the market supply curve for labor.
Answer the following statement true (T) or false (F)
Refer to the figure below. The equilibrium price is ________, and the equilibrium quantity is ________.
A. $4; 6 B. $8; 6 C. $6; 4 D. $2; 8