The term “unemployed” includes all people who want a job, but don’t have one.
Answer the following statement true (T) or false (F)
False
Economics
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Normal profit is a term for:
a. explicit profit. b. the minimum profit to keep a firm in operation. c. the accounting profit forgone. d. pure economic profit.
Economics
Devaluation of a currency stimulates exports
Indicate whether the statement is true or false
Economics
France uses civil law
a. True b. False
Economics
If Chileans buy more U.S. stocks and bonds and U.S. residents buy more Chilean wine, then
a. both U.S. net exports and U.S. net capital outflows rise. b. U.S. net exports rise and U.S. net capital outflows fall. c. U.S. net exports fall and U.S. net capital outflows rise. d. both U.S. net exports and U.S. net capital outflows fall.
Economics