Why do restrictions on capital inflows receive more support from some economists than restrictions of capital outflows?
What will be an ideal response?
Restrictions on capital inflows receive more support from some economists than do restrictions on capital outflows, in part because such inflows often lead to domestic lending booms and increased risk taking by domestic banks.
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Which of the following unemployment rates can be negative?
A) the official unemployment rate reported by the Bureau of Labor Statistics B) the natural unemployment rate C) the cyclical unemployment rate D) the seasonal unemployment rate
Refer to Table 15-2. What is the profit-maximizing quantity and price for the monopolist?
A) Quantity = 10 cases, Price = $7 B) Quantity = 8 cases, Price = $9 C) Quantity = 7 cases, Price = $10 D) Quantity = 9 cases, Price = $8
The demand for lumber is particularly derived from the demand for
a. housing b. carpenters c. lawn services d. farmland e. dollhouses
Average variable costs
A) are parallel with average total costs B) rise if marginal costs rise. C) are not parallel with average total costs. D) fall with increases in production.