There is no cost of using your own savings in your business
a. True
b. False
Indicate whether the statement is true or false
False
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Suppose the Federal Reserve releases a policy statement today which leads people to believe that the Fed will be enacting expansionary monetary policy in the near future
Everything else held constant, the release of this statement would immediately cause the demand for U.S. assets to ________ and the U.S. dollar to ________. A) increase; appreciate B) decrease; appreciate C) increase; depreciate D) decrease; depreciate
Contrary to most thinking, governments play ____ in causing pollution
a. almost no role b. a large but decreasing role c. a major role d. a reconstructive role
Suppose we were analyzing the Turkish lira per euro foreign exchange market. If The Euro-Area's risk level falls relative to Turkey and nothing else changes, then the:
a. The supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market falls, causing an uncertain change in the value of the euro. b. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market rises, causing an uncertain change in the value of the euro. c. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing a depreciation of the euro. d. The supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market rises, causing an appreciation of the euro. e. Neither supply nor demand in the foreign exchange market change because relative international prices influence trade flows and not the exchange rate.
In a developed country, in which of the following examples would labor-intensive methods work better than capital-intensive methods?
a. Four tons of dirt must be moved as quickly as possible. b. A poem must be perfectly written to honor a retiring professor. c. One thousand transmission cases must be cast from aluminum. d. A vast reserve of oil must be retrieved from deep underground.