An increased growth rate in Malaysia has increased the Malaysian demand for U.S.-produced coal. Malaysia increases its imports of U.S.-produced coal by $20 million. U.S. net exports will
A. increase by more than $20 million.
B. increase by less than $20 million.
C. increase by $20 million or more.
D. increase by $20 million.
Answer: B
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The difference between savings and saving
A) is nonexistent. B) is that savings is measured in real terms while saving is measured in nominal terms. C) is that savings is a stock concept and saving is a flow concept. D) is that savings occurs when consumption does not and saving is used to purchase consumption goods.
Bank One has reserves of $100,000, government securities of $200,000, loans of $700,000, and checkable deposits of $800,000. If the desired reserve ratio is 10 percent, Bank One can make additional loans totaling
A) $0.00. B) $10,000. C) $20,000. D) $80,000. E) $100,000.
According to the efficient markets hypothesis, purchasing the reports of financial analysts
A) is likely to increase one's returns by an average of 10%. B) is likely to increase one's returns by about 3 to 5%. C) is not likely to be an effective strategy for increasing financial returns. D) is likely to increase one's returns by an average of about 2 to 3%.
Explain why a subsidy will not solve the problem of producing less than is socially optimal of a pure public good