Jane contributes time and money for charity because she values helping others. This is an example of ________
A) pure altruism
B) rationalism
C) impure altruism
D) liberalism
A
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Economists use the term "business cycle" to refer to: a. the growth of small businesses into major corporations
b. qualitative changes in products resulting from improved technology. c. fluctuations in economic activity, measured by GDP or unemployment. d. periods of increase or decrease in the rate of inflation.
The working population of the United States is approximately
a. 144 million b. 290 million c. 300 million d. 1.3 billion
For poor countries, a lack of capital and poorly developed infrastructure contribute to low farm productivity.
Answer the following statement true (T) or false (F)
Assume the FE curve is flatter than the LM curve. A negative external capital-flow shock shifts the FE curve left. Under zero sterilization, which one of the following will happen next?
A. Because of the incipient balance of payments surplus, the LM curve will shift rightward. B. Because of the incipient balance of payments deficit, the LM curve will shift leftward. C. Because of the incipient balance of payments deficit, the IS curve will shift rightward. D. Because of the incipient balance of payments surplus, the IS curve will shift leftward.