The degree of international capital mobility is affected by:
a. The value of the domestic currency.
b. Central bank capital controls.
c. The monetary base.
d. The money supply.
e. The quantity of domestic currency traded per time period.
.B
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As output rises, marginal product eventually diminishes and
a. marginal cost increases. b. total cost falls. c. fixed cost increases. d. average product becomes negative.
Refer to the information above. The labor force participation rate is
A) .2. B) .3. C) .4. D) .6. E) .8.
The income approach measures GDP by adding together compensation of employees, proprietors' income, ________
A) net investment, saving, and farmers' income B) net interest, rental income, and corporate profits C) net investment, rental income, and corporate profits D) net saving, investment income, and profits
Assume that a consumer has a given budget or income of $12, and that she can buy only two goods, apples or bananas. The price of an apple is $1.50 and the price of a banana is $0.75. Refer to the information given above. If the consumer spent all of her
budget on just apples or just bananas, how many apples or bananas maximum would she be able to buy? A. 12 apples or 8 bananas B. 8 apples or 12 bananas C. 16 apples or 12 bananas D. 8 apples or 16 bananas