A country has imports of goods and services at $2,000 billion. The interest paid to the rest of the world is $500 billion. The interest received from the rest of the world is $400 billion. The decrease in official reserves is $10 billion
The government sector balance is $200 billion, savings is $1,800 billion, investment is $2,000 billion, and net transfers is zero. What are net exports?
A) $0 B) -$100 billion C) -$200 billion D) $100 billion E) $200 billion
A
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The opportunity cost of a decision is measured in terms of
A) the next best thing given u
In the above table, the inflation rate between 2013 and 2014 is approximately
A) 9 percent. B) 10 percent. C) 100 percent. D) 110 percent.
If you want to know the present value of $10,000 received a year from today, and the interest rate is 4 percent, what formula can you use?
A) Present value equals $10,000 times 0.04. B) Present value equals 1.04 divided by $10,000. C) Present value equals $10,000 divided by 1.04 D) Present value equals $10,000 times 1.04.
Which one of the following countries was the "spark" that ignited the 2009 euro crisis?
A) China B) Greece C) England D) Spain E) Germany