An Indian student paid $16,000 for a course in a university in the U.S. This transaction will lead to a(n) ________
A) decrease in the GDP of India B) increase in the GDP of India
C) increase in the GDP of U.S. D) decrease in the GDP of U.S.
C
Economics
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Under the liquidity premium theory, the expectation that future short-term rates will be constant results in a yield curve that
A) is flat. B) slopes upward. C) slopes downward. D) is flat, slopes upward, or slopes downward, depending on the size of the term premium at each maturity.
Economics
The government can fight inflation by manipulating both aggregate demand and aggregate supply
a. True b. False Indicate whether the statement is true or false
Economics