Increases in the real interest rate will result in a(n):
A. decrease in net exports because it will lead to a depreciation of the dollar.
B. increase in net exports because it will lead to an appreciation of the dollar.
C. decrease in net exports because it will lead to an appreciation of the dollar.
D. increase in net exports because it will lead to a depreciation of the dollar.
Answer: C
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The annual price of a one dollar loan is referred to as the:
A) service tax. B) rate of interest. C) discount value. D) principal.
An industry with a high concentration ratio might still be competitive if
A) there are no close substitutes for its product. B) its barriers to entry are low. C) its production is geographically concentrated. D) it has a high ratio of value added to sales.
Suppose an ocean liner sinks and the passengers are stranded on a lush tropical island. Which of the following could most likely be used as money in the economy that develops among the survivors?
a. The life jackets they put on when leaving the ship b. The beads from the necklaces that were given out as party favors on the night the ship sank c. The coconuts growing on the island d. The fish in the sea around the island e. The sand on the island's beaches
Voluntary programs are dependable ways to protect the environment
a. True b. False Indicate whether the statement is true or false