In 2009, a nation reported total imports worth $250,000 and total exports worth $225,000 . This implies the nation had net exports worth $25,000 during this year
a. True
b. False
Indicate whether the statement is true or false
False
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The total cost of producing one unit of output is $200; two units cost $300, three units $450, and four units $800. Fixed cost is $50. Draw the associated total cost, average cost, and marginal cost curves, placing total cost on one graph and marginal and average cost on a second graph.
What will be an ideal response?
If the nominal interest rate for Treasury bonds is 8% and the risk-free rate is 3%, the expected inflation rate must be:
a. 3% nominal interest b. 5% for Treasury bonds c. 11% d. cannot be determined without additional information
Why is a monopolist a price maker?
What will be an ideal response?
By the 2000s, an important change in the mortgage market had occurred when ________ became significant participants in the secondary market for mortgages
A) investment banks B) Federal Reserve Banks C) commercial banks D) savings banks