If net exports are positive for China, it must be true that China is experiencing net outflows of capital
Indicate whether the statement is true or false
TRUE
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In order to promote growth through increased quantities of physical capital, governments must promote:
A. a better educational system. B. job training programs. C. funding for basic science. D. high rates of saving and investing.
Which of the following is an example of labor-market discrimination? You may assume that worker A and worker B have identical characteristics except for the ones listed. A firm offers a higher salary to worker A than worker B because worker A
a. has more experience. b. is willing to travel two weeks out of each month, whereas worker B will not travel more than three nights a month. c. has a special certification that directly relates to her job, whereas worker B does not. d. is a young blonde woman, whereas worker B is an older, gray-haired man.
What is an increasing cost industry?
What will be an ideal response?
All of the following are automatic fiscal stabilizers EXCEPT
A. a congressionally mandated decrease in tax rates to stimulate the economy. B. an increase in unemployment expenditures during a recession. C. a decrease in overall tax revenues during a recession. D. a decrease in unemployment compensation payments during an expansion.