Which of the following is not an example of foreign aid?
a. U.S. discount department stores purchasing toys from Chinese manufacturers
b. The International Monetary Fund extending loans to countries that have trouble with their balance of payments
c. The World Bank providing loans and grants to support health and education programs
d. The U.S. government paying to build an electricity plant in Albania
e. The Australian government paying to repair highways in Tonga
A
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With each 99 cent iTunes download, GDP
A) rises by 99 cents. B) falls by 99 cents. C) remains unchanged. D) is impossible to measure with this sale because nothing physical has been produced.
Imports and Exports
- Did imports and exports grow faster or slower than U.S. GDP since 1970?
- Why did U.S. imports rise in 2006?
- What happened to the trade deficit in 2006? Why?
- How might the widespread use of the internet affect international trade?
A policy can be defined as a _____________ action course that serves as a guide for the identified and accepted objectives and goals
a. predefined b. flexible c. necessary d. unkown
In the above figure, which part corresponds to an increase in the money wage rate?
A) Figure A B) Figure B C) Figure C D) Figure D