ECON 1A Test - Chapter 13 Test Chapter13Test...

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 Chapter 13 Test      Total Grade: 4    (of possible  5  points) Question 1 of 5     Score: 1    (of possible  1  point) 062 If a country changes its corporate tax laws so that foreign businesses build and manage more  business in that country, then that net capital outflow of that country A. and the net capital outflow of other countries rise. B. rises and the net capital outflow of other countries fall. C. falls and the net capital outflow of other countries rise. D. None of the above are correct.  Answer Key: C Question 2 of 5     Score: 1    (of possible  1  point) 30 If a bushel of wheat costs $6.40 in the United States and costs 40 pesos in Mexico and the nominal  exchange rate is 10 pesos per dollar, then the real exchange rate is A. 1.60 B. 1.25 C. .625 D. None of the above is correct.  Answer Key: A Question 3 of 5     Score: 1    (of possible  1  point) 124 All saving in the U.S. economy shows up as A. investment in the U.S. economy. B.
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This note was uploaded on 04/04/2010 for the course ECON1A M taught by Professor Lisa during the Spring '10 term at Foothill College.

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ECON 1A Test - Chapter 13 Test Chapter13Test...

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