Which of the following is not a determinant of an individual's marginal product?
A) talent
B) money income
C) experience
D) educational level
B
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The acquisition of a new physical asset by a foreign resident is called
A) foreign direct investment. B) foreign capital investment. C) a portfolio inflow. D) a portfolio outflow.
The primary international reserve asset in most countries is:
a. silver. b. gold. c. the euro. d. the U.S. dollar. e. the Japanese yen.
Suppose that you want to build a community garden for your neighborhood, which has 500 residents. The cost of the garden is $2,000 . and each person values the garden at $3 . After a month, you have only received 75 donations at $3 each. The result is that
a. the local government should build the garden, but you should not. b. you should still build the garden, but the local government should not. c. neither you nor the local government should build the garden. d. either you or the local government should build the garden.
Which one of the following is a tool of monetary policy often used by the Fed for altering the reserves of commercial banks?
A. Issuing currency B. Check collection C. Open-market operations D. Required reserve ratio