If the current account has a negative balance of $100 and the capital and financial account has a positive balance of $80, there will be ________ in official reserves of ________
A) a decrease; $20
B) an increase; $20
C) an increase; $180
D) a decrease; $180
A
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Suppose that a sporting goods store had $800 of golf balls on its shelves at the beginning of 2016 and $1,300 at the end of 2016. The amount of inventory investment included in GDP would be
A) $500. B) $800. C) $1,300. D) $2,100.
Which factor of production is paid "profit"?
A) entrepreneurship B) human capital C) labor D) land E) capital
Explain the relationship between real GDP and aggregate planned expenditure, AE. What change to inventories takes place when the two are not equal?
What will be an ideal response?
The middle class in the United States has _______ since the late 1960s.
A. stayed the same B. decreased C. increased a great deal but then declined D. increased slightly