Imports tend to
A. raise our rate of inflation.
B. lower our rate of inflation.
C. have no effect on our rate of inflation.
B. lower our rate of inflation.
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If a nation's budget deficit rises, domestic private investment can remain unchanged through some combination of ________ private saving and ________ importing relative to exporting
A) increased, less B) increased, more C) decreased, less D) decreased, more
Which of the following is the growth rate of the standard of living?
A) y - q B) y - n C) y - a D) y - b
How can a firm be made better off by limiting its options?
What will be an ideal response?
If a short-run fixed cost is sunk, then
A) losses can be minimized by shutting down. B) the firm should keep producing to cover the sunk cost. C) the cost cannot be avoided by shutting down. D) Both B and C.