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
The Rise of the Second American Party System, 1828
Will the sun rise tomorrow? Are you sure? “Cause and effect” vs. sense experience.
The IPCC projects sea level rise
The Rise and Fall of Separation Anxiety
Hen feathering (left) and cock feathering (right) in domestic fowl