If the United States exports $250 billion worth of goods and imports $420 billion worth of goods
A) the balance of payments will be -$170 billion.
B) the balance of trade will be -$170 billion.
C) the balance of trade will be $670 billion.
D) the official reserve transaction will be $170 billion.
B
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Which of the following will result in the money market when the price level in an economy rises, while the supply of money remains unchanged? a. The demand for money will decrease
b. The supply of money will increase. c. The rate of interest will decrease. d. The total investment spending in the economy will increase. e. The rate of interest will increase.
Higher standards of living are the result of
A) an increase in the availability of goods and services that people value. B) an increase in the general level of prices. C) trade restrictions that favor domestic industries over foreign competition. D) government subsidies that expand employment.
Why does price discrimination work in the sale of seats to children and adults at baseball games, but not to the sale of food at concession stands to children and adults at baseball games?
What will be an ideal response?
Beginning in late 2000s, the FDIC sought to increase the public's confidence in depository institutions by
A. lowering insurance premiums for bank deposits. B. assessing insurance premiums on banks' total liabilities. C. eliminating insurance premiums for bank deposits. D. changing the scope of insurance to banks' assets.