Higher ________ in Canada than in the United States help(s) explain why ________ unemployment is higher in Canada than in the United States
A) prices; frictional
B) unemployment benefits; structural
C) unemployment benefits; frictional
D) investment; structural
E) prices; structural
C
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Explain what scatter diagrams show and why we use them
What will be an ideal response?
The limits of the terms of trade are determined by the:
a. distribution costs in each country. b. stock of foreign exchange in each country. c. average total costs of producing the commodities in each country. d. opportunity costs in each country. e. currency exchange rate between the trading partners.
When income rises, total expenditures remain constant
a. True b. False Indicate whether the statement is true or false
The profitability of an investment project will increase if
a. tax rates increase. b. real interest rates increase. c. real interest rates decrease. d. business tax deductions decrease.