A friend claims that the United States is a net international debtor. The best way of testing this claim is to see whether
A) U.S. foreign liabilities exceeded U.S. foreign income.
B) U.S. receipts from foreign assets exceeded U.S. payments to foreign owners of U.S. assets.
C) U.S. official reserve assets were positive or negative.
D) the United States ran a balance of payments surplus or deficit last year.
B
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If the quantity demanded of a good decreases by 10 percent when the price of the good increases by 5 percent, the elasticity of demand is -2.00
Indicate whether the statement is true or false
Around 2/3 of poor female-headed families with children receive earnings from working
Indicate whether the statement is true or false
A "company town" is one in which:
A. a single company directly regulates and monitors all town activity. B. a single company employs the great majority of people in a town and owns most structures in the town. C. the company directs most town business by assisting local government. D. all employees of a company live within its confines.
Refer to the information provided in Figure 20.1 below to answer the question(s) that follow.
Figure 20.1Refer to Figure 20.1. Canada has ________ advantage in the production of soybeans and ________ advantage in the production of alfalfa.
A. neither a comparative nor absolute; neither a comparative nor absolute B. a comparative; neither a comparative nor absolute C. an absolute; a comparative D. a comparative; an absolute