U.S. exports involve an:
A. inflow of foreign currency from foreigners to the U.S. economy.
B. outflow of dollars from the United States to foreigners.
C. outflow of foreign currency from the United States to foreigners.
D. inflow of dollars from foreigners to the U.S. economy.
Answer: D
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In the 1990 Clean Air Act Amendments,
a. Title IV uses a strict command-and-control approach to regulate sulfur dioxide b. market-based approaches are integrated in certain of the titled sections c. market-based policies predominate over command-and-control initiatives d. there were no provisions to control ozone depletion
If expectations are adaptive, how will the economy adjust to a new long-run equilibrium in response to expansionary monetary policy? Support your answer with a graph of the Phillips curve
What will be an ideal response?
The value of a loan of $2,000 after a year at 2 percent interest is:
A. $4,000. B. $2,020. C. $2,040. D. $2,400.
The balance of payments:
A. can only be expanded when the government has foreign exchange reserves. B. is always zero C. with some nations is different than it is with others D. is negative when the nation runs a trade deficit