Which of the following would contribute to a United States current account surplus?
A. The United States makes a unilateral tariff reduction on imported goods.
B. General Motors pays a dividend to a Swiss stockholder.
C. The United States cuts back on American military personnel stationed in Germany.
D. Russian vodka becomes increasingly popular in the United States.
C. The United States cuts back on American military personnel stationed in Germany.
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The horizontal short-run aggregate supply curve
A) assumes that wages and all other input prices are constant. B) assumes that opportunity cost is constant. C) shows that real GDP can be increased only when prices increase. D) assumes that there is full employment in the economy.
What country has the greatest degree of globalization?
a. United States b. Germany c. South Korea d. China
Which theory was based on the observation that early in the development of a commodity, all the parts and labor come from the area in which it was invented?
What will be an ideal response?
The brain operates effectively only when it has a plentiful supply of:
A. dopamine. B. insulin. C. glucose. D. carbon monoxide.