There is widespread ____ about the causes of poverty and widespread _____ about how to alleviate poverty.
A. agreement; agreement.
B. disagreement; disagreement.
C. agreement; disagreement
D. disagreement; agreement.
B. disagreement; disagreement.
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The purchase of an airplane produced in the United States by the government of Thailand is included in
A) U.S. imports. B) U.S. government purchases. C) U.S. exports. D) Thailand government exports.
What are the two main components of business cycle theories?
A) A description of shocks and a model of how the economy responds to them B) A model of how people decide to spend and a description of the government's role in the economy C) A model of how equilibrium is reached and a description of the government's role in the economy D) A description of shocks and a description of the government's role in the economy
Exhibit 10-2 A monopolistic competitive firm
To maximize long-run profits, the monopolistically competitive firm shown in Exhibit 10-2 will charge a price per unit of:
A. zero. B. $5. C. $10. D. $15.
The payment of a dividend by a foreign company to an American stockholder represents
A) a debit in the U.S. capital account. B) a credit in the U.S. current account. C) a credit in the U.S. official reserve account. D) a debit in the U.S. current account.