If $1 U.S. is worth $30 Canadian, then a good that sells for $5,000 in the United States should sell for _____ Canadian in Canada
a. $120,000
b. $50,000
c. $150,000
d. $180,000
c
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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
From the economic point of view, why might a sophomore in college spend a great deal of time getting to know an attractive classmate rather than getting to know the issues behind the president's deficit-reduction policies?
A) She is selfish. B) She considers it a more productive use of her time. C) She obviously has no interest in politics. D) The federal budget deficit cannot possibly affect her life.
Refer to Scenario 1 . If you start the course in such a way that each exam score is worse than your previous average what should happen to your average score?
What would happen to your average if the next exam score was larger than your previous exam score? Explain.
The vertical intercept of the Security Market Line is determined by the:
A. beta of the market portfolio. B. discount rate. C. risk-free interest rate. D. risk premium.