The balance of trade is

A) the difference between exports and imports of goods and services.
B) the difference between exports and imports of services.
C) the summary record of a country's economic transactions with foreigners in a year.
D) none of the above.


D

Economics

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A decrease in the value of a country's currency is known as ________

A) a spot exchange rate B) a depreciation of its value C) an appreciation of its value D) a forward spotting

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What is the value of a newly issued 10-year bond with face value of $10,000 and no coupon payments? Assume the interest rate is 7 percent (0.07) per year

a. $0 b. $5,083.49 c. $10,000 d. $95,632.41 e. $100,000.00

Economics

If the price of a good is below the equilibrium price,

What will be an ideal response?

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The employee is thinking like an entrepreneur in which of the following situations?

A) A cashier rings up the total purchase price of the goods in the customer's cart. B) A staff member brings a plan to the supervisor which describes how to reduce costs and attract new customers. C) An employee attends a monthly staff meeting on company policies and procedures. D) An hourly employee goes to work and performs only the required tasks.

Economics