The sum of current account surplus and capital account surplus is zero.
Answer the following statement true (T) or false (F)
True
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Which of the following would be considered income in kind?
A) tax refunds B) food stamps C) yard sales D) reduction in the tax rates
All of the following are social insurance programs designed to attack poverty EXCEPT
A) Social Security. B) temporary assistance to needy families. C) food stamps. D) tuition assistance.
If some nonprice level determinant causes total spending to decrease, then the effect on aggregate demand will be a: a. movement upward along the curve
b. movement downward along the curve. c. shift to the left. d. shift to the right.
Treasury bonds are ________ issued by the federal government when it borrows money.
A. derivative securities B. private stocks C. promissory notes D. certificates of deposit