What is the difference between tangible goods and intangible goods? Tangible goods ______; intangible goods ______.
a. are manufactured; occur in nature
b. can be touched; cannot be touched
c. require capital; do not require capital
d. are bought in stores; are bought online
b. can be touched; cannot be touched
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In equilibrium, if both covered interest parity and uncovered interest parity hold, the expected future spot rate is equal to
A) the current spot rate B) the expected forward rate C) the future spot rate D) the current forward rate
For an economy, aggregate demand equals:
a. consumption plus investment plus government spending plus exports. b. consumption plus investment plus government spending plus (exports minus imports). c. consumption plus investment plus (taxes minus transfers) plus (exports minus imports). d. consumption plus investment plus government spending plus net exports (imports minus exports).