Which of the following makes up the balance on current account?
a. The capital account, the merchandise trade balance, and net investment income from abroad.
b. The balance on goods and services, net investment income from abroad, and net unilateral transfers abroad.
c. The merchandise trade balance, net unilateral transfers abroad, and capital inflows.
d. The balance on goods and services plus capital outflows minus net unilateral transfers abroad.
b
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The Federal Reserve district banks
A) do not engage in monetary policy. B) engage in monetary policy directly through discount lending. C) engage in monetary policy directly through open market operations. D) engage in monetary policy directly through their membership on Federal Reserve committees.
For a competitive market,
a. a seller can always increase her profit by raising the price of her product. b. if a seller charges more than the going price, buyers will go elsewhere to make their purchases. c. a seller often charges less than the going price to increase sales and profit. d. a single buyer can influence the price of the product but only when purchasing from several sellers in a short period of time.
One problem with the effectiveness of Pigovian taxes is:
A. the tax is always used to benefit those who bear the externalities. B. the tax does not directly compensate those who are affected by the externality. C. knowing whether to impose it on the consumer or producer. D. none of the above is a problem of Pigovian taxes.
As long as politicians know what voters want, government will deliver allocation and productive efficiency. Evaluate
Please provide the best answer for the statement.