Which of the following is NOT a deficit item on a country's balance of payments?
A) gold sales to foreigners
B) imports
C) a personal gift to a foreign individual
D) none of the above
D
Economics
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Explain what would happen if the equilibrium wage in the labor market was below the legislated minimum wage
What will be an ideal response?
Economics
Ceteris paribus, in the short run following a decrease in the rate of growth in aggregate demand, we would expect to see an increase in the rate of unemployment and a decrease in the rate of inflation
Indicate whether the statement is true or false
Economics
If an economic change lowers the production cost of a commodity but does not reduce its market price, economic value will be created
Indicate whether the statement is true or false
Economics
Seemingly positive disagreements often have normative origins
a. True b. False
Economics