Foreign aid usually consists of funds loaned at high interest rates
a. True
b. False
Indicate whether the statement is true or false
False
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The opportunity cost of going to college full time away from home includes
A) the income you could have earned from a full-time job. B) the funds you would have saved if you had not paid the tuition. C) the time you could have spent with friends back home. D) All of the above are correct.
Which of the following will cause a shift in the demand curve of labor?
A) an increase or decrease in the productivity of labor B) an increase or decrease in the demand for the product labor produces C) a decline in the price of a complementary input D) all of the above
In an open economy, the government deficit is 600 and saving exceeds investment by 500, so in equilibrium the trade deficit (IM ? X) must be
a. 100. b. 200. c. 300. d. 700.
The overuse of a common resource is also referred to as the free rider problem
a. True b. False Indicate whether the statement is true or false