A debit item on the U.S. balance of payments is any transaction that
a. results in a loss by U.S. sellers.
b. results in a loss by U.S. buyers.
c. makes foreigners use up their holdings of U.S. dollars.
d. makes U.S. dollars available to foreigners.
d. makes U.S. dollars available to foreigners.
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Strategic advertising in the cola market
A) significantly expands the size of the market. B) brings in few new customers and primarily shifts market share among rivals. C) shifts market demand to the right, increasing quantity sold and decreasing prices. D) has no impact on the market.
If the absolute value of your calculated t-statistic exceeds the critical value from the standard normal distribution, you can
A) reject the null hypothesis. B) safely assume that your regression results are significant. C) reject the assumption that the error terms are homoskedastic. D) conclude that most of the actual values are very close to the regression line.
The Robinson-Patman act
a. Is a part of the antitrust laws b. Makes it illegal to give a price discount on a good sold to another business c. Is also known as the Anti-Chain-store Act d. All of the above
Ordinary commercial banks can expand the supply of money by
a. printing up currency when they need it. b. buying and selling government bonds to the general public. c. using a portion of their deposits to extend additional loans. d. reducing their vault cash and increasing their deposits with the Fed.