An decrease in equilibrium quantity would result from
A. an increase in demand with no change in supply.
B. a decrease in supply with no change in demand.
C. a decrease in demand with no change in supply.
D. both a decrease in supply with no change in demand and a decrease in demand with no change in supply.
D. both a decrease in supply with no change in demand and a decrease in demand with no change in supply.
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What effect did the decrease in the value of the dollar have on the U.S. trade deficit in the period from 2006 to 2009?
A. It decreased the trade deficit as Americans bought more U.S. capital goods. B. It decreased the trade deficit as foreigners were attracted to the increased value of U.S. products and Americans bought fewer imports. C. It increased the trade deficit as U.S. investors bought more domestic financial assets. D. It increased the trade deficit as Americans bought more imports and foreigners bought fewer U.S. products.
All of the following are sources of comparative advantage except
A) technology. B) climate and natural resources. C) a strong foreign currency exchange rate. D) relative abundance of labor and capital.
Which of the following factors would be most likely to encourage capital formation in a less-developed nation?
What will be an ideal response?
A rise in the price of a bond causes the yield of the bond to
A. rise. B. fall. C. remain unchanged. D. rise if it's a short-term bond, fall if it's a long-term bond.