Subjective evaluations
A) lend themselves to easy measurement.
B) are objective in nature.
C) are directly measured by productivity.
D) are based on opinion.
D
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________ indicates whether a country is a net borrower from or lender to the rest of the world
A) The basic balance B) The liquidity balance C) The capital account D) The current account
A firm is said to be a monopsonist if it is the sole seller of a commodity in the market
a. True b. False Indicate whether the statement is true or false
If you want to deflate the current price of something to eliminate the effect of inflation,
a. divide the number by the price index. b. multiply the number by the price index. c. multiply the number by 2 and then divide by the price index. d. multiply the number by the price index and then divide by 2.
A tariff
a. lowers the domestic price of the exported good below the world price. b. keeps the domestic price of the exported good the same as the world price. c. raises the domestic price of the imported good above the world price. d. lowers the domestic price of the imported good below the world price.