The U.S. current account equals
A) U.S. exports - U.S. imports - net income from foreign investments + net transfers from abroad.
B) U.S. exports - U.S. imports + net income from foreign investments + net transfers from abroad.
C) U.S. exports + U.S. imports + net income from foreign investments + net transfers from abroad.
D) U.S. imports - U.S. exports + net income from foreign investments + net transfers from abroad.
B
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The interest rate on a bond is calculated as
A) the coupon times the face value. B) the coupon divided by the face value. C) the face value divided by the coupon plus the face value. D) the face value divided by the coupon.
Exhibit 30-3 Costs of Eliminating:Firm A Firm B Firm C 1st ton of pollution$ 30 $ 50 $ 600 2nd ton of pollution$ 70 $ 90 $ 700 3rd ton of pollution$125 $150 $ 900 4th ton of pollution$200 $250 $1,300 Refer to Exhibit 30-3. What is the cost to Firm B of eliminating 2 tons of pollution?
A. $350 B. $250 C. $300 D. $140 E. $540
Economies of scale are followed by diseconomies of scale
Indicate whether the statement is true or false
A tax imposed on imported goods is
A. A tariff. B. An example of fiscal policy. C. A quota. D. An embargo.