The official settlements balance is the sum of the nonofficial financial account balance and the public current account balance.
Answer the following statement true (T) or false (F)
False
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Answer the next question on the basis of the following information: Three goods are produced in an economy in the following amounts: A = 10, B = 30, C = 5. The current year per unit prices of these three goods are A = $2, B = $3, and C = $1.Nominal GDP in the current year is ________.
A. $110 B. $115 C. $90 D. $45
Because the consumer's budget is limited, purchase decisions among available goods must of necessity be interdependent
a. True b. False Indicate whether the statement is true or false
If all workers and all jobs were the same such that all workers were equally well suited for all jobs, then there would be no frictional unemployment
a. True b. False Indicate whether the statement is true or false
The most important feature of the Single European Act of 1986, which amended the founding Treaty of Rome, was dropping the requirement of
A) unanimous consent for measures related to market completion and making it a decision that only Germany and France agreed about. B) unanimous consent for measures related to market completion. C) majority consent for measures related to market completion and making it a decision that only Germany and France agreed about. D) unanimous consent for measures related to agricultural policies only. E) unanimous consent for measures related only to fiscal policies.