Refer to Figure 1.7. Which of the following points show unemployment of resources above the normal rate?

A. N.
B. J.
C. D.
D. H.


Answer: D

Economics

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________ in the foreign interest rate causes the demand for domestic assets to ________ and the domestic currency to depreciate, everything else held constant

A) An increase; increase B) An increase; decrease C) A decrease; increase D) A decrease; decrease

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Foreign aid often becomes a source of discretionary funds that benefit poor people in developing countries and not the countries' leaders

a. True b. False

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In line (2) on the graph below, the variables x and y are:



A. Nonlinearly related
B. Directly related
C. Not correlated
D. Inversely related

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Which of the following is NOT true about a certificate of convenience and public necessity?

A. It is issued by a government agency. B. It is a barrier to entry. C. It limits competition. D. It is a patent.

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