The above table describes the accounts for the country of Pacifica. Using this information, net exports for Pacifica equals
A) $100.
B) $900.
C) -$100.
D) $650.
A
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Does inflation result from increases in aggregate demand, short-run aggregate supply, or long-run aggregate supply?
What will be an ideal response?
Which of the following statements best describes a production function?
A) the maximum profit generated from given levels of inputs B) the maximum level of output generated from given levels of inputs C) all levels of output that can be generated from given levels of inputs D) all levels of inputs that could produce a given level of output
A mutual fund
a. is a financial institution that stands between savers and borrowers. b. is a financial intermediary. c. allows people with small amounts of money to diversify their holdings. d. All of the above are correct.
Suppose the price level spiked unexpectedly, resulting in unanticipated hyperinflation. How would this affect you personally? Explain how you would have planned differently if you knew the spike in price level was coming.
What will be an ideal response?