If the autarky price of S (in terms of T) were lower in country A than in country B,
A) A has a comparative advantage in S.
B) B has a comparative advantage in T.
C) A has a comparative disadvantage in T.
D) All of the above.
D
Economics
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The three most widely followed stock indexes in the United States include all of the following except
A) The NASDAQ. B) the Fortune 500. C) the Dow Jones Industrial Average. D) the S&P 500.
Economics
If the required reserve ratio is 10% and the Fed purchases $20 million worth of securities, what is the simple deposit multiplier and what happens to the amount of deposits in the banking system? Assume that banks do not hold excess reserves and the
public does not change its currency holdings.
Economics