Java Hut, a U.S. coffee retailer, buys $10 million worth of coffee beans from Colombia. It also pays $5 million for paper cups and utilities, all produced in the U.S. It sells the coffee it produces using the above inputs to U.S. consumers for $50 million. Overall how do these expenditure affect net exports? How do these expenditures effect U.S. consumption?
Net exports are $10 million less than otherwise. $50 million of expenditures are included in U.S. consumption.
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A) increase the quantity demanded for loans. B) decrease the quantity supplied of loans. C) create a shortage of loans. D) do all of the above. E) do none of the above.
Goodwill is a type of tangible capital.
Answer the following statement true (T) or false (F)
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A. distant and abstract. It's the value she places on all the other drinks she could choose instead of Gatorade. B. obvious. It's the value she places on all the other drinks she could choose instead of Gatorade. C. obvious. It's the value she places on whatever drink she would choose if she didn't pick Gatorade. D. distant and abstract. It's the value she places on whatever drink she would choose if she didn't pick Gatorade.
The increase in the productivity of U.S. farmers has caused:
A. More people to be attracted to farming B. A decrease in the size of the average farm C. A reduction in the number of people in farming D. A reduction in the surpluses produced by farmers