Which of the following is TRUE of the U.S. trade balance and the federal government budget?
A) In most years since the 1970s, both have been in deficit.
B) In most years since the 1970s, both have been in surplus.
C) The federal government budget deficit was more variable before the 1970s, but the trade deficit has been more variable since.
D) Both exhibited greater variability before the 1970s than they have since.
A
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A country's CPI was 84.5 last year and 100.0 this year. The inflation rate was
A) 84.5 percent. B) 18.3 percent. C) 15.5 percent. D) 7.29 percent. E) -18 percent.
The restaurant market in San Francisco is probably best categorized as: a. perfectly competitive
b. monopolistic. c. monopolistically competitive. d. oligopolistic.
What are the differences between competition in a purely competitive industry and competition in an industry with technological advance and innovation?
What will be an ideal response?
Investment in education in the high-growth Asian economies was ________ in ________
A) low; primary schools B) high; primary schools C) low; primary and secondary schools D) high; primary and secondary schools E) high; university education