Which of the following is "crowded out" by higher interest rates that can be the result of expansionary fiscal policy?
A) net exports
B) private investment
C) consumption
D) All of the above are crowded out by higher interest rates.
D
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Landowners whose property is seized through eminent domain share in the gains that result from the taking of their property
Indicate whether the statement is true or false
If the equilibrium exchange rate is 15 pesos per dollar and the central bank fixes the exchange rate at 17 pesos per dollar then we can conclude that the peso is
(a) appreciated. (b) depreciated. (c) overvalued. (d) undervalued.
Some argue that a nation should not depend too heavily on other countries for supplies of certain key products, special materials, or technologies that might have ______________ applications.
a. general b. scientific c. national security d. international
Refer to the above table. Assume the consumer spends his entire income. The price of a hotdog is $1, the price of a movie is $6, and the consumer has $15. What is the consumer's optimum?
A. 0 hotdogs and 2.5 movies B. 3 hotdogs and 2 movies C. 4 hotdogs and 4 movies D. 2 hotdogs and 2 movies