Based on the transactions in the above table, what is the change in the U.S. balance of merchandise trade?
A) $11,000
B) $29,700
C) -$30,000
D) -$31,000
B
You might also like to view...
Subtracting borrowed reserves from the monetary base obtains
A) reserves. B) high-powered money. C) the nonborrowed monetary base. D) the borrowed monetary base.
Factors that led to worsening conditions in Mexico's 1994-1995 financial markets, but did not lead to worsening financial market conditions in East Asia in 1997-1998 include
A) rise in interest rates abroad. B) bankers' lack of expertise in screening and monitoring borrowers. C) deterioration of banks' balance sheets because of increasing loan losses. D) stock market decline.
The U.S. Census Bureau considers in-kind transfers (such as employer provided benefits) when measuring income
a. True b. False
The optimal time for the implementation of contractionary fiscal policy would be
a. before inflation accelerated. b. after inflation accelerated. c. after unemployment increased. d. after the price level had risen significantly.