The Balance of Payments always balances
Indicate whether the statement is true or false
TRUE
Explanation: Sum of the credits and debits on all accounts will always be equal.
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Since 1997, the labor force participation rate for women in the United States has
A) decreased more than 20 percent. B) increased more than 10 percent. C) remained virtually constant. D) equaled the participation rate for men.
A major source of revenues for state and local governments is _____
a. income taxes b. payroll taxes c. intergovernmental revenues d. estate taxation
Payments to Social Security recipients would decline if the retirement age were lowered.
Answer the following statement true (T) or false (F)
Economic stagnation coupled with high inflation is commonly called:
A. stagflation. B. inflationary stagnation. C. stagnatory growth. D. inflagnation.