A country must have a positive net outflow of capital if it has a trade deficit

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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The U.S. population is over _________ million.

Fill in the blank(s) with the appropriate word(s).

Economics

As means of payment currency, credit cards, and debit cards differ according to

A) whether they pay interest. B) whose liability they represent. C) transactions costs. D) all of the above.

Economics

Average cost is higher with a monopolistically competitive firm than with a perfectly competitive firm.

Answer the following statement true (T) or false (F)

Economics

The effect of a government subsidy in a market where a positive externality is present is:

A. to make consumers internalize the external benefit. B. to increase efficiency. C. to increase surplus. D. All of these statements are true.

Economics