In Spain, people are considered organ donors unless the explicitly indicate they do not want to be. In the United States, people are only considered organ donors if they explicitly indicate they wish to be. Behavioral economics would suggest that
A) everything else equal, the opt-in system of Spain would generate more organ donors as a percentage of the adult population.
B) everything else equal, the opt-in system of the United States would generate more organ donors as a percentage of the adult population.
C) everything else equal, the opt-out system of Spain would generate more organ donors as a percentage of the adult population.
D) everything else equal, the opt-out system of the United States would generate more organ donors as a percentage of the adult population.
A
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For a ten-year $1,000,000-face-value zero-coupon Treasury bond, how does its market price change when the interest rate goes from 6.84% to 6.92%?
A) A fall of $1192 B) A fall of $3848 C) A fall of $8000 D) A rise of $8000
Which of the following statements is false?
A) When the value of a country's imports is greater than the value of its exports, the country's net exports will be a positive value. B) A country is running a trade deficit when the value of its imports is greater than the value of its exports. C) A country is running a trade surplus when the value of its exports is greater than the value of its imports. D) Net exports are sometimes referred to as the balance of trade.
In order to pay foreigners interest on the debt, the United States must:
A. export more than it imports. B. import more than it exports. C. reduce imports and exports by the same amount. D. increase imports and exports by the same amount.
Fiscal imbalance is the _________ value of the government's commitments to pay benefits minus the _________ value of its tax revenues.
Fill in the blank(s) with the appropriate word(s).