In an open economy, the government deficit is 600 and saving exceeds investment by 500, so in equilibrium the trade deficit (IM? X) must be
A. 100
B. 200
C. 300
D. 700
Answer: A
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Upstream and downstream refer to the degree of horizontal integration
Indicate whether the statement is true or false
To an economist, the cost of a college education
A. includes the income that the student could have earned during the time spent in college. B. can be measured solely by the dollar cost of tuition, books, and other fees. C. includes only the cost of schooling, not the cost of housing and food. D. excludes financial aid in computation of the cost of schooling. E. All of these responses are correct.
The ECB now frequently uses ________ to inject reserves into the banking systems of countries that use the Euro.
A. an outright sale of securities. B. an outright purchase of securities C. repurchase agreements D. discount loans
Which of the following examples fits the formula ES ? 1?
a. When the price of compasses increases 5 percent, the quantity supplied increases 3 percent. b. When the price of canteens increases 8 percent, the quantity supplied increases 10 percent. c. When the price of backpacks increases 10 percent, the quantity supplied increases 6 percent. d. When the price of hiking shows increases 12 percent, the quantity supplied increases 4 percent.