Use the following table to answer the next question.Current AccountFinancial AccountCapital Account-$753,438 $30,696This country has a ________.
A. trade deficit
B. deficit in the financial account
C. trade surplus
D. deficit in the capital account
Answer: A
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If the interest rate on a bond is above the equilibrium interest rate, there is an excess ________ for bonds and the bond price will ________
A) demand; rise B) demand; fall C) supply; rise D) supply; fall
The circular flow model shows what households buy and sell in the resource market
Indicate whether the statement is true or false
Which of the following terms describes a restrictive practice that involves forcing the purchase of a second good when purchasing another good?
a. Exclusive dealing b. Predatory pricing c. Tying d. Bundling
An decrease in equilibrium quantity would result from
A. an increase in demand with no change in supply. B. a decrease in supply with no change in demand. C. a decrease in demand with no change in supply. D. both a decrease in supply with no change in demand and a decrease in demand with no change in supply.