The "currency" of the IMF is
A. the IMF Dollar.
B. the Special Drawing Right.
C. gold.
D. the International Currency Unit.
Answer: B
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U.S. net exports include
A) sales of Hollywood movies to the rest of the world. B) the production of Ford Mustangs in China that are sold in China. C) Honda automobiles produced and sold in Japan. D) the sale of shares of Nike stock on the New York Stock Exchange. E) the sale of U.S. government securities to U.S. citizens.
Moral hazard implies that
a. Insured individuals exercise less care because they have less incentive to do so b. Insured individuals exercise more care because they have less incentive to do so c. Insured individuals exercise more care because they have more incentive to do so d. Insured individuals exercise less care because they have more incentive to do so
Which of these people is neither employed nor unemployed?
a. Vince, a 17 year old, who is working at a bakery to pay his tuition bills b. Jack, an employee fired last month, who is not actively looking for a paid job c. Kate, a software engineer, who is working as a software developer d. Dave, a professional chef, who is working at a restaurant
Which product is most likely to be most price elastic?
A. Clothing B. Automobiles C. Gasoline D. Milk