Other things the same, as the price level decreases it induces greater spending on
a. both net exports and investment.
b. net exports but not investment.
c. investment but not net exports.
d. neither net exports nor investment.
a
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With a linear production function in labor only, which of the following must be true?
A) The representative household works as much as possible. B) The representative firm makes large profits. C) The real wage equals total factor productivity. D) The marginal product of labor exceeds the real wage.
What is uncovered interest parity? Explain
What will be an ideal response?
In the 2008 presidential election campaign, then-candidate Obama proposed renegotiating NAFTA to provide greater protections for
A. Canadian corporations. B. workers. C. U.S. corporations. D. drug traffickers.
The stimulus package implemented by the Bush Administration in 2008 included
A. rebates to individual taxpayers of $900 per individual and $600 per married couple. B. rebates to individual taxpayers of $600 per individual and $900 per married couple. C. no rebates of any kind to individual taxpayers, only corporations. D. rebates to individual taxpayers of $600 per individual and $1200 per married couple.