If people's incomes decrease, their demand for other currencies shifts to the right
a. True
b. False
Indicate whether the statement is true or false
False
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A French tourist spent $1,200 in the U.S this year. This transaction will lead to a(n) ________
A) decrease in the GDP of U.S. B) increase in the GDP of France C) decrease in the GDP of France D) increase in the GDP of U.S.
Diseconomies of scale are associated with: a. a downward sloping long-run average total cost curve. b. an upward sloping long-run average total cost curve. c. a horizontal long-run average total cost curve
d. a vertical long-run average total cost curve.
Regarding matters of the environment, liberal international relations theory and liberals themselves frame the issue in terms of
a. competition for resources. b. economic or military advantage. c. collaboration. d. inequality of economic power.
Which of the following statements can be called a productivity-revealing theory?
a. human-capital theory and signaling theory b. human-capital theory but not signaling theory c. signaling theory but not human-capital theory d. neither human-capital theory nor signaling theory