If a nation is running current account surpluses, then it must be:
a. Financing them with surpluses in the rest of the balance of payments.
b. Running deficits in the rest of the balance of payments.
c. In good economic health.
d. Sliding into a recession.
e. Having its central bank intervene in the foreign exchange market to lower the value of the currency.
.B
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Credit unions are federally insured through the
A) FDIC. B) FSLIC. C) NCUSIF. D) Comptroller of the Currency.
A defendant believes there is a 50 percent chance that the plaintiff will win $1,000,000 and a 50 percent chance that the plaintiff will lose and be awarded nothing (zero). The plaintiff believes that there is a 40 percent chance that they will win $1,000,000 and a 60 percent chance that they will be awarded nothing (zero). The plaintiff's litigation cost is $200,000 and the defendant's
litigation cost is $300,000. The defendant would be willing to pay any amount up to ________ to settle and the plaintiff would be willing to accept any amount greater than ________ to settle. A) $600,000; $400,000 B) $800,000; $200,000 C) $200,000; $800,000 D) $700,000; $100,000
A typical market supply curve
a. is identical to the firm's marginal cost curve b. does not reflect any external cost borne by third parties c. is identical to the firm's marginal revenue curve d. reflects external benefits enjoyed by third parties e. is perfectly inelastic
Frictional unemployment goes up when:
A. Students quit work to return to school at the end of the summer. B. A corporation transfers a worker to another city. C. A worker quits one job in order to search for another. D. There is inadequate demand for labor.