The total of all economic transactions between a nation and the rest of the world is referred to as the
A) balance of payments.
B) balance of trade.
C) balance of power.
D) exchange rate.
A
Economics
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Explain the two basic mechanisms that increase GDP per capita over the long term
What will be an ideal response?
Economics
The original Dow Jones Industrial Average (DJIA) contained ____________ stocks, while the DJIA now consists of ____________ stocks
A) 10; 500 B) 11; 30 C) 15; 50 D) 20; 60
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One aggregates individual demand curves by adding
A. vertically. B. horizontally and subtracting vertically. C. horizontally. D. vertically and subtracting horizontally.
Economics
Figure 11-6
At its optimal output level, the profit-maximizing monopolist in Figure 11-6 will earn a profit equal to
a.
zero.
b.
(P2? P3)Q.
c.
P > Q.
d.
(P5? P6 )Q.
Economics