The key determinant of net capital outflow is the real interest rate
a. True
b. False
Indicate whether the statement is true or false
True
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When a nation joins the IMF, it deposits funds into an account. These funds have a value based on a weighted average of
A) the Russian ruble, the British pound sterling, the Japanese yen, and the U.S. dollar. B) the euro, the British pound sterling, the Japanese yen, and the U.S. dollar. C) the Russian ruble, the British pound sterling, the Chinese yuan, and the U.S. dollar. D) the euro, the British pound sterling, the Chinese yuan, and the U.S. dollar.
When a forest is logged, it is possible for the logging to create "soil runoff," a situation in which the soil, no longer protected by trees, erodes and silts a river miles downstream from the logging area
Is soil runoff created by logging in Montana that ruins a river an example of a private cost to the lumbering company or an external cost?
In what way does long-run equilibrium under monopolistic competition differ from long-run equilibrium under perfect competition?
A) Firms in perfect competition achieve allocative efficiency while firms in monopolistic competition achieve brand efficiency. B) Firms in perfect competition achieve productive and allocative efficiency while firms in monopolistic competition achieve neither allocative nor productive efficiency. C) The only difference is that in a monopolistically competitive market there are many brands to choose from while in a perfectly competitive market there is one standard product. D) Firms in perfect competition achieve productive efficiency while firms in monopolistic competition achieve allocative efficiency.
Which of the following is correct?
A. Nominal GDP growth = real GDP growth ? inflation B. Nominal GDP growth + inflation = real GDP growth C. Nominal GDP growth + real GDP growth = inflation D. Nominal GDP growth = inflation + real GDP growth