The XX schedule shows how much
A) fiscal expansion is needed to hold the current account surplus at X as the currency is devalued by a given amount.
B) monetary expansion is needed to hold the current account surplus at X as the currency is devalued by a given amount.
C) fiscal expansion is needed to hold the current account surplus at X as the currency is evaluated by a given amount.
D) fiscal and monetary expansions are needed to hold the current account surplus at X as the currency is devalued by a given amount.
E) foreign funding is needed to hold the current account surplus at X as the currency is devalued by a given amount.
A
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Under rate of return regulation, a regulated firm has an incentive to
A) use an efficient amount of capital. B) set its price equal to its marginal cost. C) hide losses from bad debts. D) inflate its costs.
Economics
A) is a social science. B) is concerned with limited resources. C) is concerned with unlimited wants. D) All of the above are correct.
A Korean steel company produces steel in the United States, with some of its steel being exported to other nations and some of it being sold within the United States. If the prices of this steel increase, then
a. the GDP deflator and the CPI will both increase. b. the GDP deflator will increase and the CPI will be unchanged. c. the GDP deflator will be unchanged and the CPI will increase. d. the GDP deflator and the CPI will both be unchanged.
Which theory states that education is correlated with natural ability?