One World View article, "The Risks of China's Foreign-Exchange Stockpile," states that
A. The dollar is undervalued.
B. The reserves of foreign exchange in China can cause inflation in China.
C. The trade imbalance is due to an overvalued yuan.
D. China's reserves of currency can cause deflation in China.
Answer: B
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Of the following demographic groups in the United States, which is least likely to be poor?
a. female headed households with no husband present b. African-American households c. full-time workers d. part-time workers
Suppose that a successful advertising and promotion campaign occurs for apples. Given this successful campaign, it is likely that:
A) The quantity of apples sold will fall and the price of apples will fall. B) The quantity of apples sold will fall and the price of apples will rise. C) The quantity of apples sold will rise and the price of apples will fall. D) The quantity of apples sold will rise and the price of apples will rise.