Domestic currency appreciation will:
A) help domestic firms that export and hurt domestic firms that import.
B) hurt domestic firms that import.
C) hurt domestic firms that export and help domestic firms that import.
D) help domestic firms that export.
C
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In the 1937-1938 economic downturn
A. the number of unemployed rose dramatically by about 5 million. B. industrial production fell by 30 percent. C. presidential as well as Federal Reserve policy helped to cause the decline. D. All of the choices are true.
According to Thomas (1954), increased immigration provided incentive to invest in capital that was
(a) labor-using, resulting in capital widening. (b) labor-using, resulting in capital deepening. (c) labor-saving, resulting in capital widening. (d) labor-saving, resulting in capital widening.
Which one of the following will not cause the production possibilities curve to shift outward?
a. improvements in the stock of land b. increased educational opportunities c. a very low birth rate d. increased entrepreneurial activity
(Consider This) Approximately what percentage of start-up firms in the United States go bankrupt within the first two years?
A. 3.5. B. 10.2. C. 22. D. 53.