When the value of our goods exports is less than the value of our goods imports,
a. d and e.
b. the value of the dollar must fall.
c. there will be domestic unemployment.
d. there will be an unfavorable balance of trade.
e. foreign currency reserves must fall.
d
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__________ will change for a number of reasons, including movements in income, taxes, expectations about future income, and changes in wealth levels.
a. Supply b. Price levels c. Consumption d. Demand
An increase in the price of imported coffee shows up
a. in the consumer price index and in the GDP deflator. b. in the consumer price index, but not in the GDP deflator. c. in the GDP deflator, but not in the consumer price index. d. in neither the consumer price index nor in the GDP deflator.
Child mortality rates are much higher in middle-income countries than in low-income countries
Indicate whether the statement is true or false
A stock is part ownership in the company.
Answer the following statement true (T) or false (F)