The table above gives data for the nation of Syldavia. The sum of the current account balance, capital and financial account balance, and the official settlements account balances of Syldavia is equal to
A) $10 billion. B) -$10 billion. C) $40 billion. D) $30 billion. E) zero.
The table has some of the U.S. balance of payments account.
E
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In? 2003, China's control of the value of the yuan became an economic and political issue for the U.S.? because:
A) increased U.S. exports to China. B) decreased U.S. exports to China. C) increased China imports from the U.S. D) none of the above.
According to liquidity preference theory, an increase in the price level would ________
A) increase the demand for real money balances B) decrease the supply of real money balances C) decrease the real interest rate D) all of the above E) none of the above
A profit-maximizing firm in a competitive market is currently producing 200 units of output. It has average revenue of $9 and average total cost of $7 . It follows that the firm's
a. average total cost curve intersects the marginal cost curve at an output level of less than 200 units. b. average variable cost curve intersects the marginal cost curve at an output level of less than 200 units. c. profit is $400. d. All of the above are correct.
If U.S. consumers increase their demand for apples from New Zealand, then other things the same New Zealand's
a. imports and net exports rise. b. imports rise and net exports fall. c. exports and net exports rise. d. exports rise and net exports fall.