Based on Table 9.3, if values in the table are amended to reflect a net increase in U.S. foreign direct investment of 100, then the new balance for the capital account balance becomes
A) -75.
B) -25.
C) +25.
D) +75.
E) +225.
C
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A marginal benefit curve
A) is the same as a demand curve. B) is the same as a supply curve. C) slopes upwards. D) is a vertical line at the efficient quantity. E) is U-shaped.
What is a standard process used to determine fair market value of a property?
A) the comparable sales method B) just compensation C) eminent domain D) the equitable transactions cost method
An important function of the regional Federal Reserve Banks is
A) setting reserve requirements. B) clearing checks. C) determining monetary policy. D) setting margin requirements.
At a given level of labor employment, knowing the difference between the average product of labor and the marginal product of labor tells you
A) whether increasing labor use raises output. B) whether increasing labor use changes the marginal product of labor. C) whether economies of scale exist. D) whether the law of diminishing returns applies. E) how increasing labor use alters the average product of labor.