The United States SRAS curve may shift to the left if we ____________________ Malaysia and the dollar ________________ against the Malaysian ringgit
A) buy raw materials from; appreciates
B) buy raw materials from; depreciates
C) sell finished goods to; appreciates
D) sell finished goods to; depreciates
B
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In 2013, which of the following countries had the highest negative current account balance?
a. United Kingdom b. France c. United States d. Japan
In the importing country, the most likely effect of a tariff on a good is to:
A) raise the price and decrease the quantity demanded. B) raise the price and increase the quantity demanded. C) raise the price without affecting the quantity demanded. D) decrease the quantity supplied.
Which of the following statements is true?
A. Probability estimates are usually based on solid evidence. B. General impressions about risk are not useful for managers. C. Experienced managers are usually good at forecasting risk D.Managers' assessments of risk are often overenthusiastic.
The unemployment rate is the number of unemployed people:
A. divided by the number of people who are working. B. divided by the total working-age population. C. divided by the sum of the number of people who are working and the number of people who are looking for work. D. and the number of people working fewer than their desired number of hours, divided by the number of people who are working or looking for work.