A country's balance of payments shows a
A) detailed record of the import and export of services for the country.
B) detailed record of the country's imports.
C) summary record of international financial assistance received by the country.
D) summary record of a country's economic transactions with foreign residents and governments over a year.
D
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Consumers are willing to purchase a product up to the point where
A) the marginal benefit of consuming the product equals the area below the supply curve and above the market price. B) the marginal benefit of consuming a product is equal to its price. C) the marginal benefit of consuming the product is equal to the marginal cost of consuming it. D) the consumer surplus is equal to the producer surplus.
Which of the following is not a result of the theory of land rent?
A. Capital invested on any plot of land must yield the same return as capital invested on any other plot of land. B. The difference between the costs of producing on any two pieces of land must equal the difference between their rents. C. Marginal land earns no rent. D. Productive land earns more rent than marginal land, which earns more rent than nonproductive land.
The graphs below show an economy of two people with identical incomes in two years. They have different preference patterns as shown. 
Why is the market for loanable funds not in equilibrium?
What will be an ideal response?
Often people in business work in teams, each using specialized knowledge to get the tasks done. If one member of the team does no work, this is called
A. costless contracting. B. free-riding. C. signaling. D. bargaining.