If the domestic income of a nation's citizens increase, then we might expect net export spending to:
A. remain constant.
B. increase.
C. decrease.
D. there is not enough information to determine what would happen.
Answer: C
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The National Bank Act of 1863, and subsequent amendments to it
A) created a banking system of state-chartered banks. B) established the Office of the Comptroller of the Currency. C) broadened the regulatory powers of the Federal Reserve. D) created insurance on deposit accounts.
Which of the following would likely be involved in a new bond offering?
A) a commercial bank B) an investment bank C) a broker D) a dealer
Which of the following statements about the percent of the population aged 25 years and above completing high school in 2000 is most accurate?
a. African Americans graduate at a rate about 10 percentage points less than whites, and Hispanics graduate at a rate about 30 percentage points less than whites. b. African Americans and Hispanics graduate at the same rate that whites do. c. Hispanics graduate at the same rate as whites, but African Americans graduate at much lower rates. d. Hispanic and black males graduate at the same rate as white males, but Hispanic and black females graduate at much lower rates than white females.
A heuristic is a:
A. positive-framing method. B. mental shortcut that helps us make decisions. C. method to increase the price of your vices. D. formal policy used by firms to drive employee behavior.