Credit cards, debit cards, and e-checks are
A) always counted as money.
B) not money.
C) sometimes counted as money, depending on how they are used.
D) sometimes counted as money, depending on what is purchased.
E) sometimes counted as money, depending on what measure of money is being used.
B
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Which of the following is not a type of trade restriction?
a. low-interest loans to foreign buyers b. export subsidies to domestic producers c. restrictive health and safety standards d. domestic content requirements e. economies of scale
Other things the same, an increase in the budget deficit
a. shifts the demand for loanable funds right, so the interest rate rises. b. shifts the demand for loanable funds left, so the interest rate falls. c. shifts the supply of loanable funds right, so the interest rate falls. d. shifts the supply of loanable funds left, so the interest rate rises.
Porter argues that achieving international success in a certain industry is a function of factor endowments, domestic demand conditions, related and supported industries, and ______.
Fill in the blank(s) with the appropriate word(s).
Which of the following identities describe the equation of exchange?
a. Money in circulation × prices = velocity × income b. Money in circulation × income = velocity × prices c. Real GDP = money in circulation × velocity d. Nominal GDP = money in circulation × velocity e. Real GDP = prices × money in circulation × velocity