Which of the following does not involve exports and imports?
A. Current account.
B. Capital account.
C. Balance of trade.
D. Net exports.
Answer: B
You might also like to view...
One reason the aggregate demand curve is downward sloping is because of the
A) interest rate effect. B) tariff effect. C) welfare effect. D) price effect.
If a firm spends money on advertising, its gross profit is ________ its net profit.
A) greater than B) exactly twice C) equal to D) less than
International reserves are
a. foreign exchange held by governments only b. foreign exchange held by central banks only c. foreign exchange held by governments or central banks d. gold only e. various internationally acceptable assets
The permanent shut down point of a perfectly competitive firm, in the long run, is:
a. the minimum point of the AVC curve. b. the minimum point of the MC curve. c. the minimum point of the AR curve. d. the minimum point of the ATC curve. e. the minimum point of the AFC curve.