Remittances to foreign countries from legal and illegal residents of the U.S. are examples of ________

A) factor payments B) exports C) imports D) transfer payments

There are two countries - Earthland and Plutoland - who trade only with each other. Residents in Earthland purchased buildings worth $10 billion in Plutoland during a certain year. None of the other transactions between the two countries during that year involved purchase or sale of assets.


D

Economics

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Refer to the scenario above. What is the net present value of the investment?

A) -$7,112.36 B) -$5,365.10 C) -$475.31 D) $9,524.19

Economics

Refer to Figure 4-9. The price buyers pay after the tax is

A) $12. B) $8. C) $5. D) $3.

Economics

Products that have inelastic demand have many substitutes

Indicate whether the statement is true or false

Economics

A point on the production possibilities curve represents a combination of goods that is

a. inefficient. b. efficient. c. unattainable. d. attainable.

Economics