An excess demand for foreign currency at current exchange rates is known as a
A. Balance-of-payments deficit.
B. Trade surplus.
C. Trade deficit.
D. Balance-of-payments surplus.
Answer: A
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All of the following are examples of nonpoint source pollution EXCEPT
a. urban runoff c. agricultural runoff b. sulfur emissions from power plants d. snowmelt from city streets
The following data describe Mexico's economy in 2007
Government spending $210 billion Investment $210 billion Exports $272 billion Imports $283 billion GDP 1 trillion Population 110 million From the data, we can conclude that ________ in Mexico in 2007. A) consumption totaled $591 billion B) net exports totaled -$11 billion C) GDP per person equaled $2000 D) imports were the largest component of GDP
Suppose a bank has $200,000 in deposits, a required reserve ratio of 15 percent, and total reserves of $100,000. Then it has excess reserves of
A. $30,000. B. Negative $100,000. C. $200,000. D. $70,000.
An example of a way employers can minimize moral hazard is to:
A. monitor employees' computer activity. B. videotape the workplace. C. offer bonuses for consistent productivity. D. All of these are ways to minimize moral hazard.