To pay for a current account deficit, a country can
A) borrow money from abroad.
B) lend money abroad.
C) increase official reserves to cover the shortfall.
D) transfer money from the capital account to the official settlements account.
A
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Evidence suggests that emergency care services are normal goods
a. True b. False Indicate whether the statement is true or false
If a firm changed its fringe benefit program so that no employee suffered a loss in benefits and some employees enjoyed an increase in benefits, then
a. this could not be a Pareto improvement b. the firm's policies are economically efficient c. this could be a Pareto improvement d. the firm's policies are fair e. the firm is losing money
Which of the following accounted for over 85 % of our trade deficit in goods and services in 2009?
A. Imports from China. B. Imports from Japan. C. Imports of Oil. D. Imports of steel.
Comparative advantage is illustrated by the slopes of production possibilities frontiers.
Answer the following statement true (T) or false (F)