A technology spillover occurs when one firm's research and production increase another firm's access to technological advances
a. True
b. False
Indicate whether the statement is true or false
True
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The value of any investment is found by computing the
A) present value of all future sales. B) present value of all future liabilities. C) future value of all future expenses. D) present value of all future cash flows.
When you throw trash out your car window you are creating a
a. consumption external cost b. production external cost c. consumption external benefit d. production external benefit e. a selfish act
In the long run, the natural rate of unemployment depends primarily on the growth rate of the money supply
a. True b. False Indicate whether the statement is true or false
Which of the following would tend to shift the supply of dollars in the market for foreign-currency exchange in the open-economy macroeconomic model to the right?
a. the exchange rate rises b. the exchange rate falls c. the expected rate of return on U.S. assets rises d. the expected rate of return on U.S. assets falls