The San Diego Zoo is an example of a club good
Indicate whether the statement is true or false
TRUE
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For American buyers, there is a decrease in the relative prices of Japanese goods when the ________.
A. inflation rate in Japan is higher than the inflation rate in the United States and there are fixed exchange rates B. inflation rate in the United States is higher than the inflation rate in Japan, and there are flexible exchange rates C. yen appreciates D. dollar appreciates
Discouraged workers are people who have:
A. looked for work in the past year but have given up looking because of the condition of the labor market. B. not looked for work in the past year but would take a job if one was offered to them. C. looked for work in the past year but decided to leave the labor market to go back to school, retire, or be a stay-at-home parent. D. not looked for work in over a year because of the condition of the labor market.
A currency depreciation would _____ net exports, and therefore ___________ aggregate demand.
A. increase; increase B. increase; decrease C. decrease; decrease D. None of the above is correct.
Which of the following examples belong to the most significant type of nonmarket transaction excluded from the GDP?
a. Lorenzo talks to a friend on a beach. b. Leonard trades three baseball cards for a baseball. c. Monica cleans the kitchen in her house. d. Alessia does charity work for her church.