Cyclical unemployment increases during recessions
Indicate whether the statement is true or false
TRUE
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Balance of payments issues are related to the relative value of different countries' currencies and the flow of goods, services, and financial assets among countries. The rate at which one country's currency can be traded for another is called:
A) the trade balance. B) capital inflows. C) capital outflows. D) the exchange rate.
The Coase theorem will hold only if:
A. the transactions costs are clearly identified and assigned. B. the contracts are enforceable. C. government will provide free mediation. D. None of these statements is true.
An increase in the equilibrium price and the equilibrium quantity would be caused by an increase in demand
a. True b. False Indicate whether the statement is true or false
In 2011 the top 5 percent of income earners accounted for over 50% of all income received by United States' families
a. True b. False Indicate whether the statement is true or false