If the U.S. government imposes a quota on leather shoes, then net exports of U.S. shoes would

A firm using Baumol's model will do one of the following if the interest rate on short-term securities went up.

A) increase the collection period B) decrease the average cash balance C) increase the average cash balance D) decrease the collection period

At a 3.5 percent annual growth rate it would take 20 years for GDP per capita to double

Indicate whether the statement is true or false