In 2009, our current account deficit was $__________ billion.
Fill in the blank(s) with the appropriate word(s).
421
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List the Fed's main policy tools and briefly explain each one
What will be an ideal response?
Channeling funds to individuals with productive investment opportunities is the function of ________
A) the financial sector B) state and local governments C) the central bank D) state, local and federal governments
If marginal revenue exceeds marginal cost in the short run, total revenue for the perfectly competitive firm is greater than total cost
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Table 31.2 below to answer the question(s) that follow.Table 31.2PeriodQuantity of Labor (L)Quantity of Capital (K)Total Output (Y)1 50 50 2002 50 60 2153 50 70 2254 50 80 230Refer to Table 31.2. During Period 4, output per capital is equal to
A. 0.35. B. 1.77. C. 2.88. D. 4.6.