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?
A) G B) H C) I D) J
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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
Economics
Direct controls work only if the legal system imposes substantial penalties on violators.
Answer the following statement true (T) or false (F)
Economics
The technical term for changing residences is _____________
a. Mobility b. Fertility c. Immigration d. Adaptation
Economics