The current account is
A) the reserve assets created by the International Monetary Fund for countries to use in settling international payment obligations.
B) the price of one nation's currency in term of the currency of another country.
C) a category of the balance of payments transactions that measures flows of real and financial assets.
D) a category of the balance of payments transactions that measures the exchange of merchandise, the exchange of services, and unilateral transfers.
D
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Between the 1970's and 1998, immigrants:
A. Were more likely to receive public assistance than people born in the United States B. Were less likely to receive public assistance than people born in the United States C. Were just as likely to receive public assistance as people born in the United States D. Did not qualify for public assistance
There are six firms in an industry, with market shares of 50 percent, 25 percent, 10 percent, 10 percent, 3 percent and 2 percent. The four firm concentration ratio is ________, and the HHI is ________
A) 100; 100 B) 95; 3338 C) 95; 10,000 D) 100; 3338
The price specified on an option at which the holder can buy or sell the underlying asset is called the
A) premium. B) call. C) strike price. D) put.
Which diagram below illustrates the effect on the natural-gas market, with the widespread use of "fracking" or hydraulic fracturing by gas-drilling companies?
In the diagrams below, the subscript "1" refers to the initial position of the curve, while the subscript "2" refers to the final position after the curve shifts.
A. A
B. B
C. C
D. D