If the stock of available capital in the economy is running too low, then the:
A. Investment schedule will shift upward
B. Investment schedule will shift downward
C. Consumption schedule will shift upward
D. Consumption schedule will shift downward
A. Investment schedule will shift upward
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John receives a marginal benefit of $80 from one missile. Nick receives a marginal benefit of $50 from one missile. Christina receives a marginal benefit of $65 from one missile. John, Nick, and Christina are the only people in the economy
What is the economy's marginal social benefit from one missile? A) $50 B) $65 C) $80 D) $195
________ mergers can lead to increased market power and, as a result, ________ the total surplus in the market.
A) Horizontal; increase B) Vertical; increase C) Vertical; decrease D) Horizontal; decrease
A reduction in a country's rate of inflation should
A) increase its imports. B) increase its exports. C) lead to a negative trade balance. D) lead to an outflow of SDRs.
Which of the following subsidies is prohibited under World Trade Organization (WTO) rules?
A. Subsidies to assist firms in meeting environmental regulations B. Subsidies to encourage firms in a developed country to export more C. Subsidies to assist disadvantaged regions within the exporting country D. Subsidies to research and development