Refer to the scenario above. Based on this information, it can be concluded that ________
A) Plutoland experienced a current account surplus during that year
B) Plutoland experienced a current account deficit during that year
C) Earthland ran a current account deficit during that year
D) Earthland and Plutoland should stop trading with each other
B
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Most countries in the world are classified as
A) advanced. B) in transition. C) developing. D) industrialized. E) emerging market.
In the above figure, by increasing its output from Q1 to Q2, the firm
A) reduces its marginal revenue. B) increases its marginal revenue. C) decreases its profit. D) increases its profit.
Which of the following statements is TRUE?
A) Bank failure is limited to banks that have mismanaged their assets. B) Bank failure is limited to banks that have invested in real estate. C) Bank failure is limited to banks that have invested in government bonds. D) Bank failure is limited to a few banks. E) Bank failure is NOT limited to banks that have mismanaged their assets.
Which of the following accounts for the largest source of revenue for the federal government?
a. sales tax b. federal property tax c. personal income tax d. corporate income tax e. borrowing