The United States balance of payments accounts
a. records all earnings from the foreign activities of U.S. residents.
b. records all expenditures of U.S. citizens' abroad.
c. records all earnings from the foreign activities of foreign governments.
d. Both a and b
e. All of the above
D
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A legal entity that may conduct business in its own name just as an individual does is a(n)
A) corporation. B) entrepreneur. C) proprietorship. D) partnership.
In the short run, a firm should shut down if its economic loss from operating exceeds its total fixed cost
a. True b. False Indicate whether the statement is true or false
In which period was most of the change in U.S. net capital outflow due to an increase in investment in the U.S.?
a. 1980-1987 b. 1991-2000 c. 2000-2012 d. None of the above are correct.
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. Figure 8.4 Refer to Figure 8.4. If two microwave ovens are produced, average variable costs are
A. $75. B. $150. C. $225. D. indeterminate from this information.