Debt service is the
a. difference between merchandise exports and merchandise imports
b. interest payments on investments divided by the amount of unilateral transfers
c. percentage that interest payments on international debt is of a nation's exports
d. difference between inflows and outflows on the country's current account
e. value of a nation's merchandise exports minus the value of its merchandise imports
C
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Suppose the Fed wants to increase the money supply. The most frequent way used to do this is
a. increase the discount rate b. decrease the prime rate c. buy US corporate stock from banks d. buy US govt bonds from banks
Briefly describe the Sarbanes-Oxley Act and explain why it was passed
What will be an ideal response?
Explain two economic costs, and two human costs of unemployment.
What will be an ideal response?
If there is a decrease in industry supply while the industry demand curve remains the same, then an individual firm in a perfectly competitive industry currently earning losses will see its losses
A. increase. B. decrease. C. not change. D. impossible to determine