The evidence suggests that in rich countries, a depreciation
A) immediately improves the trade balance.
B) eventually improves the trade balance.
C) first improves, but then worsens the trade balance.
D) has no effect on the trade balance.
E) none of the above
B
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A household consists of only related family members like a father, mother, and children and not unrelated members like two students sharing a rented apartment
a. True b. False Indicate whether the statement is true or false
Frictional unemployment
A. refers to unemployment caused by friction between labor and management. B. stems mainly from the fact that the economy is continually changing and people are changing jobs. C. refers mainly to unemployment resulting from natural disaster. D. is undesirable and therefore should be eradicated.
Aunt Agatha has just left her nephew $5000. The most likely response is for her nephew to
A. decrease current consumption, but increase future consumption. B. increase both current consumption and future consumption. C. increase future consumption, but not current consumption. D. increase current consumption, but not future consumption.
The merger of a firm in one industry with another firm in the same industry that sells similar products is called a:
A. Vertical merger B. Secondary merger C. Horizontal merger D. Conglomerate merger