Our trade deficit is big for three main reasons: (1) ______, (2) ______, and (3) ________.

Fill in the blank(s) with the appropriate word(s).


our trade deficit with Japan; our trade deficit with China; our oil import bill

Economics

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Dr. Goldfinger decides to invest in companies which he believes can "improve the productivity and efficiency" of health care services. What would Dr. Goldfinger need to do to try to achieve allocative efficiency?

A) invest in companies that produce up to the point where the marginal cost of the last unit produced is zero B) invest in companies that produce goods and services based on consumer preferences C) invest in companies that produce goods and services at the lowest possible cost D) invest in companies that fairly distribute their products and services

Economics

When the price of a good is higher than the equilibrium price, a. a shortage will exist

b. buyers desire to purchase more than is produced. c. sellers desire to produce and sell more than buyers wish to purchase. d. quantity demanded exceeds quantity supplied.

Economics

Equity investors can choose to participate indirectly in real estate markets by purchasing shares in publicly traded real estate companies. In doing so, investors benefit from all of the following EXCEPT:

A. Low transaction costs B. Risk sharing amongst investors C. Highly segmented markets D. High information efficiency

Economics

Exhibit 15-6 Dollars per British pound QuantityDemanded Dollarsper Pound QuantitySupplied 200 5 600 240 4 480 300 3 410 360 2 360 390 1 330 In Exhibit 15-6, the equilibrium exchange rate is:

A. 5. B. 4. C. 3. D. 2.

Economics