Ceteris paribus, an increase in the government's budget deficit will increase the current account deficit
Indicate whether the statement is true or false
TRUE
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A trademark is
A) a legal instrument which grants a firm the right to differentiate its product. B) a legal right to position a firm's product in high-traffic public areas such as airports and post offices. C) a distinguishing attribute such as a sign or logo that allows a firm to uniquely identify its product. D) a patent on a firm's product.
Which of the following statements is correct?
A. Monetarists believe that the economy is inherently unstable. B. Monetarists believe that policy activism is one of the principal causes of economic instability. C. Although monetarists are basically non-interventionist, they are in favor of activist monetary policy. D. Monetarists argue that changes in M1 affect GDP only through changes in interest rates.
We send more of our exports to _________ than any other country.
Fill in the blank(s) with the appropriate word(s).
When there is an external cost, the unregulated market
A. minimizes public welfare. B. overproduces the good or service. C. underproduces the good or service. D. reaches the most efficient solution.