When a foreign investor buys a bond issued in the United States
A) the balance on the capital account increases. B) the balance on the current account increases.
C) the balance of trade increases. D) the balance on the financial account increases.
D
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According to the special interest theory,
a. economic regulation is designed to promote social welfare b. producers may be able to influence regulators to impose restrictions favorable to producers c. groups of consumers with special interests may be able to control a regulatory agency to their own benefit d. foreign lobbyists may be able to control a regulatory agency to their own benefit e. the fighting between special interest groups over economic regulation may cancel out effects of such regulation
Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called
A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) seasonal unemployment.
If actual output is less than equilibrium output, firms will ________ output to keep from ________ inventories
A) increase; accumulating B) increase; depleting C) decrease; depleting D) decrease; accumulating
At a fair carnival roulette wheel, a player can either win $10, $30, or $80 . Assuming that the wheel is fair, what is the expected value of the play?
a. $20 b. $40 c. $60 d. $80