Suppose a German bank purchases a U.S. Treasury bond. This transaction would be recorded in the:
A. capital account.
B. current account.
C. goods trade balance.
D. unilateral transfers.
Answer: A
Economics
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If the demand for labor is unchanged, an increase in the supply of labor will lead to
A) a decrease in the quantity of labor demanded and a decrease in the equilibrium wage. B) a decrease in the quantity of labor demanded and an increase in the equilibrium wage. C) an increase in the quantity of labor demanded and an increase in the equilibrium wage. D) an increase in the quantity of labor demanded and a decrease in the equilibrium wage.
Economics
If all my savings are invested in my consulting company, an increase in interest rates increases my implicit costs
Indicate whether the statement is true or false
Economics