The main conclusion drawn from the criticisms around foreign aid is:
A. trade should be encouraged instead of aid.
B. more accountable means of distribution and program evaluation are needed.
C. immigration policies should be loosened and aid should be halted.
D. aid should no longer exist, as it is an inefficient use of dollars.
Answer: B
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Assume two locally owned used car dealerships that have been in direct competition for many decades. They have a choice of selling high-quality cars at a high price but also high costs because of the repairs that have to be made
The other choice is to sell low-quality cars at a low cost but market them as high quality cars. Explain using game theory why it is in the interest of both of these companies to continue to sell high-quality cars but it may not necessarily be in the interest of a new out-of-town dealership that has recently moved into town to do the same.
The First Bank of the United States
A) was disbanded in 1811 when its charter was not renewed. B) had its charter renewal vetoed in 1832. C) was fundamental in helping the Federal Government finance the War of 1812. D) None of the above.
In the typical AC curve, the downward-sloping part is attributable to
A. spreading fixed costs over larger outputs and increasing returns to the variable inputs. B. declining administrative costs as output increases. C. falling fixed costs. D. rising total product.
If interest rates increase, what is most likely to happen to the total expenditure schedule?
a. It will increase because G increases. b. It will decrease because I decreases. c. It will decrease because (X - IM) decreases. d. It will increase because I increases.