Our net investment income from foreign countries is
A. greater than foreign investor's income from U.S. investments.
B. less than foreign investor's income from U.S. investments.
C. about the same as foreign investor's income from U.S. investments.
D. less than half foreign investor's income from U.S. investments.
A. greater than foreign investor's income from U.S. investments.
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The second half of the 1940s was a period of
A. recession. B. no economic growth. C. very slow economic growth. D. fairly high economic growth.
Which of the following is the most important pre-requisite to a well-functioning market economy?
A) Goods must be non-scarce. B) Everyone must have an adequate income. C) Participants must follow some clear, general rules. D) People must have roughly similar tastes and preferences. E) There must be approximate equality of incomes.
If a pooling equilibrium exists in an insurance market, no separating equilibrium can exist.
Answer the following statement true (T) or false (F)
In 2015, Hooverville consumed 205,000 tons of sugar. In 2016, sugar consumption rose to 245,000 tons. Calculate the percentage change in sugar consumption
A) 8.37% B) 11.95% C) 19.51% D) 26.33%