If all government budgets are balanced, and S is greater than I, then
A) the net international investment position must be positive.
B) the financial account must be positive.
C) the financial account must be negative.
D) the net international investment position must be negative.
C
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If a firm faces an average total cost of $100 and sells its product for $115, how much profit does it make when it sells 20 units of the product?
A) $200 B) $115 C) $300 D) $800
How do open market operations work?
What will be an ideal response?
Personal income minus personal taxes is:
a. disposable personal income. b. net national income. c. proprietors' income. d. indirect business taxes. e. savings income.
The greater the elasticity of demand of a taxed item, the greater the tax revenue received
a. True b. False Indicate whether the statement is true or false