When real interest rates are higher in country A than country B, there will tend to be a capital flow from country B to country A
a. True
b. False
Indicate whether the statement is true or false
True
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How would a decrease in price of Blu-Ray movies affect the demand for Blu-Ray players?
A. Decrease the demand B. Increase the demand C. Increase in supply D. Increase in quantity demanded
Based on the data in the table above, what does GDP equal?
A) $8,900 billion B) $10,200 billion C) $9,800 billion D) $10,400 billion E) $10,000 billion
A an example of a game in which a leader moves first, and then the other rivals follow is a ________ game
A) Stackelberg model B) Cournot model C) finite move D) tit-for-tat
Which is a primary use for national income accounting?
A. To determine whether there is a fair and equitable distribution of income in the economy. B. To assess the economic efficiency of specific industries in the economy. C. To measure changes in the value of goods and services produced in the economy. D. To analyze the environmental cost of economic growth.