The difference between exports and imports of goods is the
A) balance of trade.
B) balance of payments.
C) balance of accounts.
D) balance of paying.
A
Economics
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In Figure 11.1, an increase in the marginal propensity to consume is represented by a change in the consumption function from
A) C1 to C3. B) C3 to C1. C) C2 to C1. D) C1 to C2.
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In the above figure, the competitive unregulated equilibrium is producing and consuming ________ vaccinations per year at a price of ________
A) 30 thousand; $40 B) 30 thousand; $30 C) 30 thousand; $20 D) 50 thousand; $30
Economics
A corporation has legal status like an individual citizen
a. True b. False Indicate whether the statement is true or false
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The marginal revenue product schedule is
A. a supply schedule. B. a demand schedule. C. neither a demand nor supply schedule.
Economics