______ is the difference between net income of foreigners and GDP.

a. NI
b. PI
c. GNP
d. NNP


c. GNP

Economics

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Which of the following statements about price discrimination is correct?

a. A price discriminating firm will want to charge a higher price to the consumer group with the more inelastic demand. b. A firm will always be able to increase its profit by price discriminating rather than charging the same price to all customers. c. Price discrimination will be most effective when buyers can easily resell the product amongst themselves. d. Each consumer will pay a higher price when a firm is a price discriminator than would be the case if all customers were charged the same price.

Economics

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

Government spending influences spending indirectly

a. True b. False Indicate whether the statement is true or false

Economics

As the supply of virtual currency unit 4 (VCU4) rises, nations in which it is used can gradually lose control over their:

a. Monetary bases. b. M2 money multipliers. c. M2 money supplies. d. None of the above.

Economics