If the current account has a positive balance of $100 and the capital and financial account has a negative balance of $90, there will be ________ in official reserves of ________
A) a decrease; $10
B) an increase; $10
C) an increase; $190
D) a decrease; $190
B
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Using the above table, at a price of $5 there will be a
A) shortage of 20 units. B) shortage of 10 units. C) surplus of 20 units. D) surplus of 10 units.
When aggregate demand exceeds current output, Keynesian analysis indicates that
a. unplanned inventory accumulation will cause output to rise. b. unplanned inventory accumulation will cause output to fall. c. unplanned inventory reductions will cause output to rise. d. unplanned inventory reductions will cause output to fall.
"Born global" firms are those that step straight onto the world stage, making exporting the primary goal of the firm from day one of operations.
a. true b. false
Given the graph for a particular industry shown above we know that
A. new entrants will not be attracted to this industry.
B. this industry can survive in both the short and long run.
C. the industry is making a profit.
D. this industry will disappear in the short run.