A decline in domestic output would cause a ________ in net exports and a ________ in the exchange rate.
A. rise; rise
B. rise; fall
C. fall; rise
D. fall; fall
Answer: A
You might also like to view...
It is common knowledge that many U.S. national parks have become overused. One possible solution to this problem is to
a. increase entrance fees. b. decrease camping permit fees. c. require all visitors to register upon entering the park. d. sell the land that the parks currently occupy.
An industry that realizes such large economies of scale in producing its product that ________ production of that good or service is most efficient is called a natural monopoly.
A. government B. single-firm C. multi-firm D. no
The report that concluded that the world will run out of oil in about 40 years used which formula to calculate the number of years to depletion?
A) (proven reserves + unknown reserves) ÷ annual consumption = number of years to depletion B) total reserves ÷ total consumption = number of years to depletion C) proven reserves ÷ annual consumption = number of years to depletion D) proven reserves ÷ unknown reserves = number of years to depletion
Which of the following statements describes the experiences of Corning, Inc since it was established in 1851?
A) long-run growth interrupted by periods of business cycle recession B) strong uninterrupted growth in demand C) little or no growth in the long run, but very vulnerable to the business cycle D) little or no growth in the long run, and unaffected by the business cycle