In the United States, the main source of fluctuations in the current account balance is

A) exports of capital.
B) net transfers.
C) international debt.
D) net exports.
E) net interest.


D

Economics

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Because of the productivity slowdown in the United States from the mid-1970s through the mid-1990s,

A) the standard of living increased in the United States. B) real GDP per capita grew more rapidly. C) real GDP per capita grew more slowly. D) the standard of living did not change.

Economics

Refer to the Article Summary. Assume that foreign governments begin to publicize their existing medical services to American medical tourists and more Americans consider hip-replacement surgery to improve their quality of life

What will happen in the market for hip-replacement surgery as a result of these two factors? A) Demand will increase, but these two factors will not shift the supply curve. B) Demand will increase and supply will decrease. C) Supply will increase, but these two factors will not shift the demand curve. D) Demand and supply will both increase.

Economics

What is a monopsony?

What will be an ideal response?

Economics

Under a cost plus fixed fee contract the contractor cannot make a loss

a. True b. False

Economics