Unlike the New York Stock Exchange, NASDAQ is an electronic stock market with trades executed through a sophisticated computer and telecommunications network
Indicate whether the statement is true or false
True
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The part of the balance of payments that records (generally) minor transactions such migrant's transfers, copyrights, and trademarks is the
A) capital account. B) current account. C) financial account. D) statistical discrepancy account.
Suppose the production possibilities for two countries, producing either food or clothing, are shown in the above figure. They can each produce any linear combination as well. Free trade between these two countries will take place
A) as long as Canada is willing to give up 0.25 unit of clothing to get a unit of food. B) as long as USA asks for at least 1.5 units of clothing in exchange for a unit of food. C) as long as Canada asks for at least 3 units of food in exchange for a unit of clothing. D) as long as USA is willing to give up at least 1.5 units of food in exchange for a unit of clothing.
An economy’s rate of _______________ growth is closely linked to the growth rate of its GDP per capita.
a. domestic b. business c. technology d. productivity
The difference between specific knowledge and general knowledge is that
a. the creation of general knowledge is usually more profitable for the creator. b. specific knowledge is excludable, while general knowledge is not excludable. c. general knowledge is excludable, while specific knowledge is not excludable. d. general knowledge is rival in consumption, while specific knowledge is not rival in consumption.