In general, the accounting of trade in goods and capital is known as the:
A. trade surplus.
B. balance of trade.
C. net capital outflow.
D. balance of payments.
Answer: D
Economics
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The interest rate target emphasized in recent Federal Open Market Committee press releases is the
A) discount rate. B) prime rate. C) federal funds rate. D) equilibrium rate.
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In the loanable funds market, the price that borrowers must pay for earlier availability is the
a. inflation rate. b. wage rate. c. interest rate. d. exchange rate.
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One of the virtues of rising resource prices is they encourage innovation, especially the discovery of other more abundant resources.
Answer the following statement true (T) or false (F)
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If M is 2,000, Q is 1,000, and P = 6, then V
A. Is 2. B. Is 3. C. Is 6. D. Is 12.
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