Refer to the above table. The capital account balance is
A) 0.
B) -$260.
C) -$200.
D) -$155.
C
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The figure above shows Roger's production possibilities frontier. Point a is an ________ point and at that point production is ________
A) attainable; efficient B) attainable; inefficient C) unattainable; inefficient D) unattainable; efficient
We expect that in the long run, exchange rate movements will largely reflect inflation differentials
Indicate whether the statement is true or false
Autonomous planned spending is a function of the
A) marginal propensity to consume. B) marginal propensity to save. C) interest rate. D) tax rate.
Suppose a monopoly sells to two identifiably different types of customers, A and B, who are unable to practice arbitrage. The inverse demand curve for group A is PA = 10 - QA, and the inverse demand curve for group B is PB = 18 - QB
The monopolist is able to produce the good for either type of customer at a constant marginal cost of 2, and the monopolist has no fixed costs. If the monopolist practices group price discrimination, the profit maximizing prices charged to each type of customer are A) PA = 6, and PB = 10. B) PA = 4 and PB = 8. C) PA = 10, and PB = 6. D) PA = 8, and PB = 4.