The ___________ balance measures the gap between a country’s exports and its imports.
a. trade
b. import
c. export
d. deficit
a. trade
You might also like to view...
In a cooperative form of business enterprise, a shareholder is entitled to
a. one vote. b. vote on the basis of number of shares owned. c. no dividends. d. tax exemption on profit.
Suppose the government cuts taxes by $300 million dollars this year and must pay off its debt next year by increasing taxes by $300 million
According to Ricardian equivalence, consumption spending will ________ this year and ________ next year, all else equal. A) increase by $300 million; decrease by $300 million B) increase by $150 million; decrease by $150 million C) increase by $300 million; not change D) not change; not change
One flaw of pure capitalism is that a person who owns no resources could starve
a. True b. False
The central bank of the United States is the
a. Federal Reserve Banking System b. First National Bank c. Comptroller's Bank d. United States National Bank e. U.S. Treasury Bank