Which of the following will not change the U.S. real interest rate?
a. capital flight from the United States
b. the government budget deficit increases
c. the U.S. imposes import quotas
d. None of the above is correct.
c
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Which of the following is likely to be nonexcludable but rival?
A) walking along a crowded hiking trail B) watching cable TV C) viewing flowers along the highway D) listening to a local radio station
If the interest rate is 7 percent on euro-denominated assets and 5 percent on dollar-denominated assets, and if the dollar is expected to appreciate at a 4 percent rate, the expected return on ________-denominated assets in terms of ________ percent
A) dollar; euros is 3 B) euro; dollars is 1 C) dollar; euros is 9 D) euro; dollars is 11
Why doesn't the age-earning cycle continuously increase until retirement age?
What will be an ideal response?
Choices made by economic decision makers
a. are government decisions only b. are the primary focus of economics c. are not important in economic analysis d. occur infrequently e. do not involve ordinary citizens