Karl Marx predicted that the exploitation of workers would cause capitalism to self-destruct
a. True
b. False
Indicate whether the statement is true or false
True
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If interest rates in the United States rise,
A) the value of the dollar will rise as the foreign investors increase their holdings of U.S. investments. B) the value of the dollar will fall as foreign investors increase their holdings of U.S. investments. C) the value of the dollar will rise as foreign investors sell their U.S. investments. D) the value of the dollar will fall as foreign investors sell their U.S. investments.
When the U.S. housing market slumped from 2005 to 2007, we would expect the demand curve for lumber
a. exhibited a movement along to the right b. shifted to the left c. exhibited a movement along to the left d. shifted to the right e. None of the answers is correct.
Demand-pull inflation is typically caused by rapidly rising costs of production
a. True b. False Indicate whether the statement is true or false
Capital gains are those gains
A. earned from selling an asset prior to its maturity date. B. earned from avoiding tax payments by understating earnings from capital assets. C. earned from purchasing an asset for less than what it is actually worth. D. earned from selling an asset for a price more than what was paid for it.