When inflation occurs, net exports will
A. increase as imports decrease.
B. increase as exports increase.
C. decrease as imports decrease.
D. decrease as imports increase.
Answer: D
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In his An Essay on Population Growth, Thomas Malthus argued that population would increase at a geometric rate and the food supply at an arithmetic rate and that this disharmony would lead to forced return to subsistence-level conditions.
a. true b. false
Longview Corporation has a stock price of $60, has issued 1,000,000 shares of stock, has retained earnings of $3 million dollars, and a dividend yield of 5 percent. The price-earnings ratio for Longview stock is
a. 20, which is high compared to historical standards of the market. b. 20, which is low compared to historical standards of the market. c. 10, which is low compared to historical standards of the market. d. 10, which is high compared to historical standards of the market.