In the mid-1970s, the United States switched from running a trade ________ to running a trade ________.

A. deficit; surplus
B. surplus; deficit
C. balance; surplus
D. deficit; balance


Answer: B

Economics

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In the above figure, which demand curve illustrates perfectly elastic demand?

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As several eastern states began to legalize casino gambling, the revenues of casinos in Atlantic City began to ________ and their profits ________

A) fall; decreased B) rise; decreased C) fall; increased D) rise; increased

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Direct controls work only if the legal system imposes substantial penalties on violators.

Answer the following statement true (T) or false (F)

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The technical term for changing residences is _____________

a. Mobility b. Fertility c. Immigration d. Adaptation

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