The overall U.S. balance of payments
a. shows a deficit
b. shows a surplus
c. is the merchandise trade balance
d. equals exports minus imports
e. shows how deficits in one account are exactly offset by surpluses in other accounts
E
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Logan finds $10 in his jacket pocket and deposits it into a bank. As a result of this single transaction, M1 has
A) increased by more than $10. B) increased by $10. C) not changed. D) increased by less than $10.
What are the factors that determine a buyer's purchasing decision?
What will be an ideal response?
The figure above shows Freda's PPF. Freda currently produces 10 packets of fudge and no cookies. If Freda decides to produce 1 packet of cookies, her opportunity cost of the packet of cookies is ________ of fudge
A) 1 packet B) 1/2 packet C) 2 packets D) 0 packets
In the above table, the total cost of producing 9 units of output is
A) $20. B) $30. C) $50. D) $70.