College education tends to result in a negative externality because the recipient does not receive the full benefit of the education
Indicate whether the statement is true or false
FALSE
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Which one of the following is NOT a component of aggregate demand?
A) investment expenditures B) government purchases C) consumption spending D) merchandise inventories
If there is an improvement in technology that affects only Aggregate Supply and a nation's wealth falls due to sagging stock market, then:
a. Aggregate demand rises, and aggregate supply falls. b. Aggregate demand rises, but aggregate supply does not change. c. Aggregate demand falls, and aggregate supply rises. d. Aggregate demand and aggregate supply rise. e. Aggregate demand and aggregate supply fall.
Place point C on the graph to indicate where the United States economy operated in 1997.
Given $1,000.00, the following spot exchange rates, and assuming zero transaction costs, illustrate and explain how you could use triangular arbitrage to profit on the disequilibrium in the foreign exchange market. The price of the euro (€) in terms of U.S. dollars is $1.20. The price of the British pound (£) in U.S. dollars is $1.30, and the cross rate between the € and the £ is 0.89 pounds per euro.
What will be an ideal response?