Net exports equals
A) exports divided by imports.
B) the sum of exports and imports.
C) exports minus imports.
D) exports during the year.
E) none of the above
C
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The above figure shows a perfectly competitive firm. If the market price is $10, the firm
A) is incurring an economic loss. B) is making an economic profit. C) is making zero economic profit. D) will immediately shut down. E) might shut down but more information is needed about the AVC.
As a result of the financial crisis of 2007-2009, Freddie Mac and Fannie Mae were brought under the direct control of the government
Indicate whether the statement is true or false
What is true about government budget deficits and surpluses since 1940?
A) There have been more government budget surpluses than government budget deficits.
B) The number of government budget deficits is about the same as the number of government budget surpluses.
C) Balanced budgets have been more common than government budget deficits or government budget surpluses.
D) There have been more government budget deficits than government budget surpluses.
The correlation between wages and the probability of encountering a fatal injury while on the jobs can be used to calculate the value of
A. safety. B. work. C. life. D. injury. E. risk.