The fight over export policy usually focuses on artificial export limits rather than artificial promotion of exports.
Answer the following statement true (T) or false (F)
False
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Jennifer learns that the price of CDs will be going up 10 percent next week. She usually buys three CDs per week. What happens to Jennifer's demand for CDs this week?
a. It does not change because only quantity demanded changes when price changes. b. It increases because the price will be lower next week. c. It decreases because the price will be higher next week. d. It increases because the price will be higher next week. e. It decreases because the price will be lower next week.
The demand curve for capital:
a. shows the positive relation between capital usage and the quantity of capital demanded. b. shows the positive relation between aggregate output and the quantity of capital demanded. c. shows the negative relation between rate of inflation and the quantity of capital demanded. d. shows the positive relation between technological change and the quantity of capital demanded. e. shows the negative relation between price of capital and the quantity of capital demanded.
In the 1990s, several stocks had very, very high price to earnings ratios. These stocks appeared overvalued to many observers. What might the people who bought them have been thinking?
Every economy has a(n) _______ given by the fundamental factors of growth.
A. actual inflation rate B. actual growth rate C. potential growth rate D. potential inflation rate