Which of the following would be represented as a debit in the U.S. balance of payments?
a. U.S. purchase of cars from Italy
b. U.S. sale of beef to Israel
c. U.S. government receives transfers from foreign governments to support U.S. expenses incurred in Europe
d. U.S. residents receive gifts of money from friends abroad
e. income received by U.S. resident from overseas investment
A
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In 2010 the family mean income of householders aged 15-24 years was approximately
A) $11,000. B) $21,000. C) $31,000. D) $41,000. E) $51,000.
Is inflation a macroeconomic or a microeconomic question? Why?
What will be an ideal response?
When the parties to a deal have access to different information:
A. markets will be efficient. B. parties will voluntarily share information truthfully in order to achieve efficiency. C. markets may fail to exist in such cases. D. parties will blindly trust one another.
Daily fantasy has its roots in
A. rotisserie baseball. B. boxing. C. March Madness (NCAA basketball). D. UFC.