An increase in U.S. imports from Mexico will cause a decrease in income for Mexican individuals and businesses
a. True
b. False
Indicate whether the statement is true or false
False
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If the present value equation used to calculate the price of a stock you are considering buying is "[$7 / (0.04 - 0.03)], which of the following is correct, assuming that dividends will grow at a constant rate?
A) The dividend is $7 per share, the dividend growth rate is 4 percent, and the interest rate is 3 percent. B) The stock price is $700, the dividend growth rate is 3 percent, and the interest rate is 4 percent. C) The stock price is $7, the dividend growth rate is 3 percent, and the interest rate is 1 percent. D) The dividend is $7 per share, the dividend growth rate is 1 percent, and the interest rate is 4 percent.
During the Great Depression, classical theorists believed that:
A. Wages would rise and full employment would be restored. B. Full employment was unlikely without government spending. C. Monetary policy was necessary to decrease interest rates. D. Decreases in production were temporary.
Assume that a monopolist faces a linear demand curve. If the firm is operating at an output level where marginal revenue is positive, the firm:
A. Has maximized total revenues B. Could raise revenues by raising prices C. Can always increase profits by lowering its price D. Is operating on the elastic portion of its demand curve
The smaller the coefficient of determination, the better the chance of every point being on the "best fit" line.
Answer the following statement true (T) or false (F)