Money market mutual fund shares function like
A) checking accounts that pay interest.
B) bonds.
C) stocks.
D) currency.
A
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When a U.S. restaurant purchases French wine and the French wine company uses the proceeds to buy U.S. government debt, U.S. ________ and there is a capital ________ the United States.
A. exports increase; outflow from B. imports increase; inflow to C. imports decrease; inflow to D. imports increase; outflow from
All else equal, a decrease in the level of imports allowed into the United States ________ the demand for goods and service produced in the United States
A) does not affect B) decreases C) increases D) increases or decreases
Suppose a drought increased the price of corn by 25 percent while it decreased the quantity by 50 percent. The price elasticity of demand equals
A) 2.00. B) 0.50. C) 20.0. D) zero.
What is the future value of $750 one year from today if the interest rate is 2.5 percent?
a. $766.50 b. $768.75 c. $770.23 d. None of the above are correct to the nearest cent.