Ans: d. German tourists visiting Yellowstone National Park
Which of the following transactions would result in a credit for the United States?
a. Chinese investors purchasing securities of the U.S. government
b. U.S. households importing beer from German breweries
c. U.S. construction firms contracting with Japanese architects to design their buildings
d. German tourists visiting Yellowstone National Park
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To be able to price discriminate, a firm must
A) lower prices for all customers. B) raise prices for all customers. C) be able to identify and separate different types of buyers. D) sell a product that can be resold. E) Both answers B and C are correct.
In the above figure, the economy is at point a on the initial supply of loanable funds curve SLF0. What happens if the interest rate rises?
A) There is a movement to a point such as b on supply of loanable funds curve SLF0. B) The supply of loanable funds curve shifts rightward to a curve such as SLF2. C) The supply of loanable funds curve shifts leftward to a curve such as SLF1. D) none of the above
A curve/line that shows combinations of goods among which a consumer would not desire one combination of goods to another combination of goods on that curve/line is called
A) a budget line. B) an indifference curve. C) a utility possibilities curve. D) a demand curve.
Higher personal income taxes
A) increase aggregate demand. B) increase disposable income. C) decrease aggregate demand. D) both B and C