The simple deposit multiplier is larger than the money multiplier
Indicate whether the statement is true or false
TRUE
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Which of the following could explain why the terms of trade of developing countries might deteriorate over time?
A) Developing country exports consist mainly of manufactured goods. B) Developing country exports consist mainly of primary products. C) Commodity export prices are determined in highly competitive markets. D) Commodity export prices are solely determined by developing countries. E) Developing country exports are too diverse.
As the quantity of labor increases, the marginal product of capital
A) is constant. B) increases. C) decreases. D) may either increase or decrease.
What kind of game is shown in Scenario 13.13?
A) Battle of the Sexes. B) Matching Pennies. C) Prisoners' Dilemma. D) The Product Choice game. E) It is not possible to tell what kind of game it is because the strategies have not been identified.
Moving downward along a linear (straight-line) downward-sloping demand curve, the
A. price elasticity of demand does not change. B. quantity demanded decreases. C. demand becomes more elastic. D. demand becomes less elastic. E. total revenue never changes. Reset Selection