When a government moves from a centrally planned economy to a market economy, this is an example of ________ policy.
A. monetary
B. structural
C. aggregation
D. fiscal
Answer: B
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The CPI for 2012 was 121, and for 2013 it was 132. What was the inflation rate between 2012 and 2013?
A) 9.09 percent B) 11 percent C) 10 percent D) 8.3 percent E) 121.0 percent
When the nation of Duxembourg allows trade and becomes an importer of software,
a. residents of Duxembourg who produce software become worse off; residents of Duxembourg who buy software become better off; and the economic well-being of Duxembourg rises. b. residents of Duxembourg who produce software become worse off; residents of Duxembourg who buy software become better off; and the economic well-being of Duxembourg falls. c. residents of Duxembourg who produce software become better off; residents of Duxembourg who buy software become worse off; and the economic well-being of Duxembourg rises. d. residents of Duxembourg who produce software become better off; residents of Duxembourg who buy software become worse off; and the economic well-being of Duxembourg falls.
Ceteris paribus, if interest rates in the United States rise relative to those abroad, then the surplus in the U.S. capital account would
A. Grow larger and the dollar would appreciate. B. Become smaller and the dollar would depreciate. C. Become smaller and the dollar would appreciate. D. Grow larger and the dollar would depreciate.
Sum of the quantities supplied by each seller in the market at each price
What will be an ideal response?