Which of the following countries has the largest projected net debt as a percentage of their GDP for 2011?
a. Japan
b. The US
c. Germany
d. Italy
a
You might also like to view...
If an overvalued currency is allowed to float:
A) its quantity demanded in exchange for the other currency will decrease. B) its quantity supplied in exchange for the other currency will increase. C) its value will depreciate. D) its value will appreciate.
If the players in the figure shown act in their own self-interest, then we know that Sarah will earn utility of:
This figure shows the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.
A. 6.
B. 10.
C. 7.
D. 15.
When two variables move in opposite directions, the curve relating them is upward sloping, and we say the variables are positively related
a. True b. False Indicate whether the statement is true or false
Researchers find that the income elasticity of poultry demand in Indonesia is 1.2. This implies that if income is expected to grow at 5%, then projected demand for poultry will:
a. Increase by 5% b. Increase by 6% c. Increase by 6.2% d. Increase by 4.2%