If a country has a current account balance of $100 billion and the official settlements account balance is zero, then the country's capital and financial account balance must be
A) negative but not necessarily equal to -$100 billion.
B) equal to -$100 billion.
C) equal to $100 billion.
D) positive but not necessarily equal to $100 billion.
E) zero.
B
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If the BLS included all marginally attached workers as being unemployed, the ________ would be __________
A. unemployment rate; higher B. labor force; unchanged C. labor force participation rate; lower D. unemployment rate; lower
A risk-averse person's expected utility function is
A) decreasing. B) convex. C) concave. D) a straight line.
Refer to the graph shown. The welfare loss of monopoly is:
A. 2,112.5. B. 1,137.5. C. 2,762.5. D. 1,381.25.
Market power is the ability of a firm to
A. Act as a price taker. B. Advertise. C. Increase the number of substitute goods. D. Control the price and quantity supplied.