Current account deficits are offset by
A) the liquidity balances.
B) capital account surpluses.
C) the basic balance.
D) balance of trade surpluses.
B
Economics
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Marginal revenue is the addition to total revenue resulting from the addition of one unit to total output.
Answer the following statement true (T) or false (F)
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Under the non-strategic view of bargaining, the terms of agreement are determined by
a. Each parties outside options b. Your gain from agreement c. Your opponents gain from agreement d. All of the above
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A partnership requires the agreement of most or all partners to any major decision
a. True b. False Indicate whether the statement is true or false
Economics
For every 3% growth in output, the unemployment rate always declines 1%.
Answer the following statement true (T) or false (F)
Economics