Which of the following is an example of a U.S. export of services?
a. a Canadian buys a Ford automobile that was produced in the United States
b. a U.S. traveler buys an Irish knit sweater made in Ireland
c. a British citizen buys an American Airlines ticket from London to New York
d. a U.S. citizen puts money into a French money market account
e. a Japanese exchange student buys a Big Mac while attending college in California
C
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A falling interest rate ________ the number of investment projects having a positive profit rate, and thus ________ the amount of output that firms demand for themselves
A) increases, raises B) increases, lowers C) decreases, raises D) decreases, lower
If the government wants to decrease the quantity consumed of soda by 30%, what percentage of tax would they have to levy on soda consumption?
a. 10% b. 20% c. 30% d. 40%