The trade-to-GDP ratio for a nation that had $600 million in exports, $400 million in imports, and GDP of $2,000 million would be
A) 0.1.
B) 0.2.
C) 0.5.
D) -0.1.
C
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The government of Genovia introduced an unemployment insurance that ensures full payment of former wages to unemployed workers
A study conducted a few months after the introduction of this policy showed that several unemployed workers in Genovia were not actively searching for work. Such behavior is an example of ________. A) adverse selection B) moral hazard C) the prisoners' dilemma D) the free-rider problem
Which of the following assets is the most liquid?
A. Demand deposits B. Houses C. Stocks D. Art
Price Per PizzaQuantity Demanded$0500$5200$1075 Refer to the table, which shows part of the weekly demand schedule for pizza in a certain town. If one were to plot these three points on a graph, what would the result be?
A. A downward-sloping demand curve B. An upward-sloping supply curve C. A downward-sloping supply curve D. An upward-sloping demand curve
If an investment requires payment of $5,000 now and promises to return a single payout of $15,000 one year from now, the net present value of the investment at an interest rate of 10% is approximately
A. $13,636. B. $10,000. C. $3,636. D. $8,636.