Other things equal, Canadian imports of U.S. goods:
A. create a supply of Canadian dollars in the foreign exchange market.
B. create a supply of U.S. dollars in the foreign exchange market.
C. reduce the demand for U.S. dollars.
D. have no effect on the U.S. dollar price of Canadian dollars.
A. create a supply of Canadian dollars in the foreign exchange market.
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Average product curve tells us:
A. the level of inputs that are the most productive. B. the cost-minimizing level of inputs to hire. C. the profit-maximizing level of inputs to hire. D. All of these are true.
Since economists cannot use natural experiments offered by history, they must use carefully constructed laboratory experiments instead
a. True b. False Indicate whether the statement is true or false
Studies have shown that differences in wages between men and women:
A. are explained in part by differences in productivity and in part by discrimination. B. are fully explained by differences in productivity, education, and skill. C. have disappeared in the last five years. D. are fully explained by discrimination.
All of the following are cited as factors in explaining U.S. competitiveness EXCEPT
A. reducing the federal deficit. B. economic restructuring. C. large investments in scientific research. D. widespread entrepreneurship.