Other things the same, domestic investment will increase a country's real GDP by more than foreign investment
a. True
b. False
Indicate whether the statement is true or false
False
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When is a collusive agreement between two firms likely to break down?
What will be an ideal response?
In general, what does a labor union feel about productivity changes that shift the MRP curve to the right?
a. threatened b. unhappy c. delighted d. nothing e. angry
Jacob and Mason go to a diner that sells burritos for $5 and tacos for $3 . They agree to split the lunch bill evenly. Mason chooses a taco. The marginal cost to Jacob of ordering a burrito instead of a taco is
a. $1. b. $2. c. $2.50. d. $3.
In the U.S., taxes on capital gains are computed using
a. nominal gains. This is one way by which higher inflation discourages saving.
b. nominal gains. This is one way by which higher inflation encourages saving.
c. real gains. This is one way by which higher inflation discourages saving.
d. real gains. This is one way by which higher inflation encourages saving.