Which one of the following, other things equal, will directly alter the U.S. balance of trade?
A. An increase in the balance on capital account.
B. A decrease in U.S. goods exports.
C. An increase in net transfers.
D. A decrease in U.S. purchases of assets abroad.
B. A decrease in U.S. goods exports.
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The Internet has made it possible to compare lots of prices without incurring a lot of cost. If Internet access is unequally distributed throughout the population one would expect
A) consumers with internet access to pay a higher price. B) consumers without internet access to pay a lower price. C) price discrimination against consumers without internet access. D) firms to charge the same price to all consumers.
In the long run, a monopolistically competitive firm produces a quantity that is
a. equal to the efficient scale. b. less than the efficient scale. c. greater than the efficient scale. d. consistent with diseconomies of scale.
Suppose the demand for money and the supply of money increase simultaneously. We can:
What will be an ideal response?
If a consol is offering an annual coupon of $50 and the annual interest rate is 6%, the price of the consol is:
A. $8333.33 B. $47.17 C. $833.33 D. $813.00