Which of the following factors is least likely to affect what goods and services countries end up trading in the international market?
a. International trade tariffs
b. Government debt levels
c. Comparative advantages
d. Differences in tastes
e. Different technological needs
b
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
In the Solow growth model, if the level of investment is greater than depreciation at the initial capital-labor ratio , then ?k is ________ and the capital-labor ratio ________ toward the steady-state capital-labor ratio
A) greater than zero; increases B) greater than zero; decreases C) less than zero; increases D) less than zero; decreases
Based on the information in the above table, the value of M1 is
A) $2,100. B) $1,700. C) $3,000. D) $3,100.
Which of the following people would be classified as unemployed?
a. A person who wants a job as a fashion model but cannot find work in that field b. Someone who quits a part-time job to attend school full time c. Someone who does not have a job and gives up looking for one d. A person who works at a job that underutilizes his or her skills e. A person who works part-time and would rather work full time