In the foreign exchange market, foreign residents wishing to purchase U.S. exports or U.S. real and financial assets must:
A) demand U.S. dollars by supplying their foreign currency.
B) demand U.S. dollars by supplying U.S. dollars.
C) supply U.S. dollars by demanding their foreign currency.
D) none of the above.
A
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When a market has barriers to entry,
A) then in the long run it is possible for the firms to incur economic losses. B) then in the long run the only possible outcome for the firms is zero economic profit. C) then in the long run it might be possible for the firms to make economic profits. D) oligopolies cannot be created. E) the HHI almost always falls below 1,000.
At a recent company meeting, Ravi Batra, sales manager of Life's a Beach, a surfboard producer announced, "We have increased our sales by 13 percent in just 9 months
" Suppose 9 months ago, its sales amounted to $245,000, what is the value of its sales today? A) $31,850 B) $207,638 C) $276,850 D) $359,905
Bank's make their profits primarily by issuing
A) equity. B) negotiable CDs. C) loans. D) NOW accounts.
Of the sources of external funds for nonfinancial businesses in the United States, loans from banks and other financial intermediaries account for approximately ________ of the total
A) 6% B) 40% C) 56% D) 60%