If an indifference curve is a straight line it will not show which of the following?
A) any marginal rate of substitution
B) diminishing marginal rate of substitution
C) combinations of goods among which a consumer is indifferent
D) None of the above answers is correct.
B
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Foreign direct investment occurs when a Chinese corporation
A) opens a new Chinese factory. B) purchases stock issued in China. C) purchases 1,000 shares of stock issued by an American company. D) opens a new factory in France.
The possibility that unanticipated policy changes are an important source of output fluctuations is most consistent with ________
A) traditional Keynesian theory B) new Keynesian theory C) real business cycle theory D) institutionalist theory
The rise of the tertiary sector is positively associated with modernization and economic development
Indicate whether the statement is true or false
Let's get our money supplies in their correct categories: M2 is equal to M1 plus
a. savings deposits, money market deposit accounts, small time deposits, and Eurodollars b. savings deposits, money market deposit accounts, money market mutual funds, and Eurodollars c. small time deposits, money market deposit accounts, money market mutual funds, and Eurodollars d. savings deposits, small time deposits, money market deposit accounts, money market mutual funds, and repurchase agreements e. money market mutual funds, money market deposit accounts, savings deposits, large time deposits, and repurchase agreements