A country's economic welfare most directly depends on
A. how many goods and services it exports.
B. what its citizens can consume.
C. how many goods and services it imports.
D. what it can produce.
Answer: B
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The Fed in the U.S
A) allows a flexible exchange rate, though their actions can impact the exchange rate. B) has no influence on the exchange rate. C) sells U.S. dollars to China in an attempt to depreciate the U.S. dollar. D) alternates between a flexible, fixed, and crawling peg exchange rate policy depending on economic conditions.
A stock market
A. guarantees that a seller of a stock will get the price at which the stock was purchased. B. is used only to sell new stock issues from corporations and not to transfer existing stocks. C. is used only to sell stocks, not to buy stocks. D. gives an individual a chance to invest in stocks without committing funds for long periods of time.
High benefit payments to unemployed workers will tend to increase the rate of unemployment
a. true b. false
Measuring the national income accounts can NOT be helpful in explaining things like:
A. rates of return on a firm's capital. B. economic booms. C. unemployment rates. D. rates of inflation