If we consider the savings, investment, and net exports in the United States in recent years, the gap between savings and investment is almost exactly:
A. the government deficit.
B. the balance of payments.
C. direct foreign investment.
D. the trade balance.
D. the trade balance.
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An economic good must be
a. useful. b. scarce. c. transferable. d. All of these.
Tariff revenue is an important source of operating revenue for many governments of high income countries
Indicate whether the statement is true or false
The Celler-Kefauver Act deals primarily with which of the following issues?
a. Price discrimination. b. Exclusive dealing. c. Mergers. d. Deceptive advertising. e. Boards of directors.
Stagflation refers to a situation in which the economy is experiencing:
A. high economic growth and high inflation. B. low economic growth and high inflation. C. high economic growth and low inflation. D. low economic growth and low inflation.