A fall in the relative prices of a country’s exports tends to increase that country’s net exports, and, thereby, to raise its real GDP.
Answer the following statement true (T) or false (F)
True
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Hyperinflation
A) occurs in the United States during each business cycle. B) has never occurred in the United States. C) is a period of time when inflation exceeds 20 percent per year. D) happens in all countries at some time during their business cycle. E) occurs only in theory, never in reality.
In Figure 3-3 above, when income is 1,500, unplanned inventory investment is
A) 200. B) 300. C) 500. D) -200. E) -500.
Inoculation against communicable diseases is an example of an activity that generates positive externalities
a. True b. False Indicate whether the statement is true or false
When McDonald's opens a store in Dhaka, Bangladesh, it has a strong incentive to enforce product quality consistent with stores in the United States
a. True b. False Indicate whether the statement is true or false