Which of the following transactions would impact the net transfers in the U.S. balance of payments?
a. The Mexican government sells bonds to U.S. residents.
b. A Mexican firm hires an American accounting firm.
c. The U.S. government buys jet engines from a Mexican manufacturer.
d. A U.S. resident sends a gift of money to his mother living in Mexico.
d. A U.S. resident sends a gift of money to his mother living in Mexico.
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When voluntary exchange takes place, both parties gain from the exchange
Indicate whether the statement is true or false
Refer to the above diagram, which shows three demand curves for coffee. Which would cause the change in the demand for coffee illustrated by the shift from D1 to D3?
A. A decrease in the price of tea B. An increase in consumer incomes C. A technological improvement in the production of coffee D. A decrease in the price of sugar
A successful compensation scheme
A) must induce effort from workers and ensure that both employer and employees benefit. B) must allow employees to participate in a firm's profits. C) must pay workers with comparable skills a comparable wage. D) must enable workers to enjoy a certain standard of living and must enable employers to earn a normal rate of return.
An increase in the money supply is represented by a(n):
a. rightward shift of the downward-sloping money supply curve. b. upward shift of the money supply curve. c. rightward shift of the money supply curve. d. increase in the rate of interest.