The market where currencies may be bought and sold for delivery in a future period is known as
A) the forward exchange market.
B) the spot exchange market.
C) the purchasing power market.
D) the futuristic exchange market.
A
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Because resources are limited:
A. only the very wealthy can get everything they want. B. firms will be forced out of business. C. the availability of goods will be limited but the availability of services will not. D. people must make choices.
All of the following will cause the supply curve of good A to shift rightward EXCEPT
A. a reduction in the prices of inputs used to produce good A. B. a decrease in the per-unit tax on good A which producers must pay. C. an increase in the number of firms in the industry producing good A. D. an increase in the market price of good A.
The Board of Governors of the Federal Reserve System has
A) 12 members appointed by the president of the United States. B) seven members appointed by the president of the United States. C) seven members appointed to life terms. D) seven members elected by the public. E) 12 members elected by the public.
In 2014, GDP per capita was ________ in the United States than in China, and since 1980, the growth rate of real GDP per capita has been ________ in the United States than in China
A) lower; lower B) higher; lower C) lower; higher D) higher; higher