The role of international ________ is to direct one nation's savings into another nation's investments.
A. merchandise trade flows
B. unilateral transfers
C. services flows
D. capital flows
Answer: D
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In the money market, an excess demand of money will:
A) increase the supply of bonds, increase bond prices, and decrease interest rates. B) increase the supply of bonds, decrease bond prices, and decrease interest rates. C) increase the supply of bonds, increase bonds prices, and increase interest rates. D) increase the supply of bonds, decrease bond prices, and increase interest rates.
According to 2014 data on the U.S. population, which of the following was correct for the adult population of prime working age, ages 25-54?
a. Black males had higher labor-force participation rates and lower unemployment rates compared to white males. b. Black males had both higher labor-force participation rates and higher unemployment rates compared to white males. c. Black males had both lower labor-force participation rates and lower unemployment rates compared to white males. d. Black males had lower labor-force participation rates and higher unemployment rates compared to white males.
Refer to Figure 2-9. If the economy moves from point A to point D, the opportunity cost is
a. 10 toasters. b. 20 toasters. c. 30 toasters. d. 30 toothbrushes.
Which of the following questions would require normative analysis?
a. What will be the effect of a 3 percent increase in the price of cucumbers? b. How many cucumbers should be supplied if the price increases by 3 percent? c. Will the sale of cucumbers decrease significantly? d. How will the sale of organic and non-organic cucumbers compare next month?