Low labor standards are usually associated with
A) nondemocratic governments.
B) high-income countries.
C) high-wage countries.
D) low foreign investment.
D
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If you purchased a newly issued 30-year bond from American Airlines with a face value of $1,000 and a coupon payment of 3 percent, American Airlines would pay you
A) $33.33 per year plus 3 percent per year for 30 years. B) $30 per year for 30 years. C) $30 per year for 30 years plus $1,000 at the end of the 30th year. D) $33.33 per year for 30 years plus $1,000 at the end of the 30th year.
If you were going to write a function for money demand, you would say that the demand for money holdings:
A. varies inversely with both the nominal interest rate and nominal income. B. varies inversely with nominal income and directly with the nominal interest rate. C. varies inversely with the nominal interest rate and directly with nominal income. D. varies directly with both the nominal interest rate and nominal income.
How do we find the real exchange rate from the nominal exchange rate?
Investment in physical capital means
A. purchasing supplies. B. purchasing equipment and buildings. C. taking out loans. D. hiring more employees.