Across developed and newly industrialized economies, since 1989 the United States has generally had
A) a higher unemployment rate than Japan and Hong Kong and a lower unemployment rate than the Eurozone countries.
B) a lower unemployment rate than Japan and Hong Kong.
C) a higher unemployment rate than the Eurozone countries.
D) the same unemployment rate as Canada.
E) a lower unemployment rate than Hong Kong and a higher unemployment rate than Japan and the Eurozone countries.
A
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An increase in the real interest rate in the United States will cause the dollar to ________ relative to other currencies and ________ net exports and real GDP
A) appreciate; increase B) appreciate; reduce C) depreciate; increase D) depreciate; reduce
To increase domestic investment, a country must increase its saving
a. True b. False Indicate whether the statement is true or false
A firm pays Pam $40 per hour to assemble personal computers. Each day, Pam can assemble 4 computers if she works 1 hour, 7 computers if she works 2 hours, 9 computers if she works 3 hours, and 10 computers if she works 4 hours. Pam cannot work more than 4 hours day. Each computer consists of a motherboard, a hard drive, a case, a monitor, a keyboard, and a mouse. The total cost of these parts is $600 per computer. What is the marginal cost of producing the computers that Pam can assemble during her 3rd hour of work?
A. $5,400 B. $1,240 C. $1,200 D. $5,520
The above table gives some production and cost information for Flaming Fernando's, a restaurant that sells Fiery Frijoles. Between what two levels of output does the marginal cost of producing Fiery Frijoles first begin to rise?
A) 0 and 1000 B) 1000 and 3000 C) 3000 and 4000 D) 4000 and 4500