If nation-states are able to extend effective control over ocean resources from 3 miles to 200 miles off their coasts, valuable marine animals are more likely to be harvested
A) at a rate consistent with their long-run preservation.
B) at a rate inconsistent with their long-run preservation.
C) too rapidly for maximum net benefit.
D) too slowly for maximum net benefit.
E) up to the point of extinction.
A
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When a U.S. firm sells a good abroad for, say, 100 euros (assume $1=1euro), U.S. net exports increase by $100. These $100 in exports can be accounted for as $100 increase in capital outflow because ________
A) if the 100 euros are kept in the foreign bank, the U.S. firm is giving a loan to that bank B) if the U.S. firm uses the 100 euros to buy a share of stock in a foreign firm, the firm is supplying U.S. capital to that foreign firm C) if the U.S. firm uses the proceeds to build a new factory in that country, it is supplying U.S. capital to that country D) all of the above E) none of the above
In a full-employment economy, a rise in M will cause inflation unless:
A. V rises in proportion to the increase in M. B. the quantity of goods produced declines proportionately. C. tax reductions accompany the increase in the money supply. D. the velocity of money diminishes.