The story The Wizard of Oz can be interpreted as an allegory about U.S. monetary policy in the late 19th century
a. True
b. False
Indicate whether the statement is true or false
True
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Refer to the table above. If consumption expenditure increases to $200,000 in the next year, ________, all other variables remaining unchanged
A) gross domestic product will fall to $367,000 B) gross domestic product will increase to $367,000 C) gross domestic product will increase to $400,000 D) gross domestic product will fall to $400,000
Which of the following is both a store of value and regularly used as a medium of exchange?
a. cash and stocks b. cash but not stocks c. stocks but not cash d. neither cash nor stocks
Which of the following is most likely to be an implicit cost for Company X?
A. Forgone rent from the building owned and used by Company X. B. Rental payments on IBM equipment. C. Payments for raw materials purchased from Company Y. D. Transportation costs paid to a nearby trucking firm.
Answer the following statements true (T) or false (F)
1. The creation of an adequate infrastructure in a nation is primarily the responsibility of the public sector. 2. The corruption and poor administration that are common to the public sectors of many DVCs suggest that government may not be very effective in promoting economic growth. 3. The industrially advanced nations can assist developing nations by reducing trade barriers and by providing both private and public capital. 4. An example of direct foreign investment would be the building of a motorcycle factory in China by Honda Motors. 5. In recent years, a greater proportion of private capital flows to DVCs has been direct foreign investment rather than loans to DVC governments.