Which of the following things does not have an objective cost?
A) Platinum
B) Water
C) Ski lift tickets
D) Medical equipment
E) None of the above has an objective cost.
E
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Which of the following will lead to a decrease in the value of Spanish income per capita in dollars?
A) An increase in the value of the Spanish income per capita in Euro B) A decrease in the dollar/euro exchange rate C) An increase in the dollar/euro exchange rate D) A decrease in the income per capita of U.S.
All of the following can cause technological progress EXCEPT
A) population decreases. B) free trade. C) education. D) research and development.
An increase in net exports would lead to an increase aggregate demand but would not lead to an increase in aggregate supply
a. True b. False Indicate whether the statement is true or false
If real interest rates were 6% in country A and 4% in country B, the real interest rate in both countries will move toward 5%
a. True b. False Indicate whether the statement is true or false