One source of the supply of dollars in the world is
A) the purchase of U.S. exports by foreign residents.
B) the sale of U.S. domestic assets to foreigner residents.
C) U.S. imports of foreign merchandise.
D) U.S. sales of gold to foreigner residents.
Answer: C
Economics
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A) never occur. B) are eliminated by forces internal to the economy, without government intervention. C) are eliminated by timely actions of government policymakers. D) are the desirable results of microeconomic price adjustments.
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Diminishing marginal returns implies that:
A. marginal product is decreasing. B. marginal product is increasing. C. marginal product is constant. D. marginal product may be increasing or decreasing.
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