Policymakers in a country with a balance of payments surplus may not want to see their country's currency appreciate because this would
A) hurt consumers in their country by making foreign goods more expensive.
B) hurt domestic businesses by making foreign goods cheaper in their country.
C) increase inflation in their country.
D) decrease the wealth of the country.
B
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The expansion of human capital and the discovery of new technologies ________ because ________
A) decrease real GDP; they shift the productivity curve downward B) increase real GDP; they result in a movement upward along the productivity curve C) increase real GDP; they shift the productivity curve downward D) increase real GDP; they shift the productivity curve upward E) decrease real GDP; they shift the productivity curve upward
If the company plans to produce 500 . units of output, is acquiring the competitor's technology a good idea?
a. Yes, because the competitor has a low-marginal-cost technology b. Yes, because the competitor has a high-marginal-cost technology c. Yes, because the company plans to produce less than the break-even quantity d. Both b and c
If the number of people employed rises by 180,000 and the number of people unemployed falls by 200,000 while the adult population stays the same, then the labor force participation rate rises
a. True b. False Indicate whether the statement is true or false
The above graph is
A. the demand for labor.
B. the supply of labor.
C. the supply of capital.
D. the demand for capital.