When McDonald's opens a store in Dhaka, Bangladesh, it has a strong incentive to enforce product quality consistent with stores in the United States
a. True
b. False
Indicate whether the statement is true or false
True
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An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.
A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease
In the market for health care, the price that consumers with health insurance pay is __________ the full cost of providing the health care service.
a. higher than b. lower than c. equal to
The federal budget went $161 billion in fiscal year 2007 to $1 trillion in the next two to three years. What are the main factors that contributed to this increase?
The appreciation of the dollar will make U.S. goods ________ to foreigners and make imports ________ for U.S. residents.
A. more expensive; more expensive B. cheaper; cheaper C. more expensive; cheaper D. cheaper; more expensive