Which of the following would be a fixed input to an automobile firm?
A. engineers
B. tires
C. car batteries
D. a plant in Michigan
Answer: D
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Foreign aid:
A) flows from developing nations to developed nations. B) is limited to African countries. C) can lead to corrupt practices in countries ruled by dictators. D) is extremely effective in economies with extractive institutions.
What are the three main sets of factors that cause the supply and demand curves in the foreign exchange market to shift?
What will be an ideal response?
If the money multiplier is approximated to be 10, it means:
A. banks create approximately 10 times the amount of cash in the economy. B. the economy overall has 10 times the amount of deposits as existing cash. C. banks create 10 dollars in deposits from each original deposit of a dollar. D. All of these are true.
When numerous Japanese companies buy $100,000,000 worth of goods or services from U.S. producers, ceteris paribus, there will be
A) appreciation in the value of the yen against the dollar. B) depreciation in the value of the yen against the dollar. C) depreciation of the dollar against the yen. D) no change in values of the currencies.