In the balance of payments of the United States, inflows of foreign currencies to the United States are recorded as:
A. a positive entry.
B. a current account entry.
C. a negative entry.
D. net investment income.
A. a positive entry.
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Peanuts are $3 per pound and cashew nuts are $5 per pound. If the marginal utility from consuming the last pound of cashew nuts equals 15 utils, then the marginal utility from consuming the last pound of peanuts in consumer equilibrium should equal: a. 18 utils. b. 15 utils. c. 9 utils
d. 5 utils.
Discrimination can come from many groups of people, including employers and fellow employees.
Answer the following statement true (T) or false (F)
Protectionism is the view that free trade is ________ and should be ________.
A. inevitable; allowed B. harmful; restricted C. helpful; encouraged D. illegal; forbidden
Refer to the graph shown. The line segment that represents average fixed costs of producing Q* is:
A. CB. B. AB. C. AC. D. cannot be determined.