Printing dollar bills without limit.
Answer the following statement(s) true (T) or false (F)
Ans: False
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When are net exports negative?
A. A nation's imports exceed its exports. B. A nation's exports exceed its imports. C. The economy's stock of capital goods is declining. D. Depreciation exceeds domestic investment.
For a good such as a large screen HD television set, the income elasticity would likely be
A) negative. B) equal to zero. C) positive and less than one. D) positive and greater than one. E) undefined because large screen, HD TVs are bought by many consumers.
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Exhibit 30-1
?
The opportunity cost of holding a dollar is
A) a dollar. B) the price of a government bond. C) less than a dollar. D) the interest yield that could have been earned by holding some other asset.