About what percentage of the goods and services purchased by U.S. consumers, businesses, and governments in 2012 were produced by foreigners?
A) 5%
B) 14%
C) 18%
D) 40%
C
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A bear market is one in which prices are expected to rise.
Answer the following statement true (T) or false (F)
If a country chooses to have a monetary policy oriented toward domestic goals and the freedom of international capital movements, then
A) it can have a fixed exchange rate. B) it cannot have a fixed exchange rate. C) it cannot balance its current account. D) it cannot have a fiscal policy oriented toward domestic goals. E) it cannot control money supply growth.
If individuals become so discouraged that they stop seeking jobs, then the:
a. Unemployment rate rises and the employment rate falls. b. Unemployment rate falls and employment rate stays the same. c. Unemployment rate falls and the employment rate falls. d. Unemployment rate remains the same and the employment rate stays the same. e. Unemployment rate falls, and the employment rate rises.
Refer to the accompanying table. The law of diminishing marginal utility:UnitsMarginal Utilityof Good AMarginal Utilityof Good B1304022733315244814
A. applies to both Good A and Good B. B. applies to Good A but not Good B. C. applies to Good B but not Good A. D. does not apply to either Good A or Good B.