Suppose a country's net exports equal -$17.7 billion. Which of the following will happen if the volume of imports increases by $7 billion without any change in the volume of exports?
A) The country's net exports will stand at zero.
B) The country's net exports will become positive.
C) The country's net exports will stand at -$10.7 billion.
D) The country's net exports will stand at -$24.7 billion.
D
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Give an example of income in the United States that is taxed twice
What will be an ideal response?
What does Simon Kuznet's (1958) study on the U.S. economy show?
(a) Short swings in the U.S. business cycles but steady, stable growth in Real Gross Domestic Product (b) Immigrants to the U.S. were attracted by the secular increases in U.S. real wages and incomes (c) A decrease, not increase, in net U.S. migration from 1860 to 1910 (d) No movement in capital, only humans, across the Atlantic economy from 1860 to 1910
Corrina was working as a waitress in an Italian restaurant making an annual income of $25,000 per year when she decided to start up her own catering business
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Which of the following is associated with Ferdinand Magellan?
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