Which of the following will cause net exports to rise?
a. A depreciation of the domestic currency
b. A fall in foreign income
c. Higher foreign tariffs on domestic goods
d. Inflation in domestic economy
e. A depreciation of the foreign currency
Question 2
Most of economic analysis assumes that most people act as if they are:
a. motivated by submerged emotional needs.
b. driven by magnetic forces generated by planetary movements.
c. motivated primarily by concern for the well-being of others.
d. motivated by self-interest.
Wild boar/domestic pig hybrid, displayed at Rothschild Museum, Tring, England
A domestic Muscovy Duck with wings outstretched
Will the sun rise tomorrow? Are you sure? “Cause and effect” vs. sense experience.
Sea-Level Rise
A rise in global temperature of more than 3˚C
Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm