In the specific factors model, the effects of trade on welfare overall are ________ and for fixed factors used to produce the exported good they are ________
A) positive; positive
B) negative; positive
C) positive; negative
D) ambiguous; positive
E) positive; ambiguous
A
Economics
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Which of the following is a consequence of deposit insurance?
A) It may induce the officers of a bank to take more risks. B) It encourages banks to make loans only to the most credit-worthy customers. C) It minimizes the risk of defaulting on loans made to the bank's customers. D) It encourages depositors to closely scrutinize a bank's lending activities.
Economics
The present value of an annuity that pays $100 each year indefinitely (i.e., a perpetuity) is $2,000 if the interest rate is 5 percent
a. True b. False
Economics