Which of the following is not included in Nation A's financial account?

a. Foreign deposits of funds in savings accounts in Nation A.
b. Purchases and sales of forestry and air rights.
c. Foreign purchases of Nation A's Treasury bills.
d. All the above.


.B

Economics

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The "fair results" view of fairness says that a minimum wage law set above the equilibrium wage rate is unfair because the minimum wage

A) does not apply to all workers. B) boosts the income of highly skilled workers. C) benefits only those workers who are able to find and keep a job. D) benefits nobody. E) cannot be enforced.

Economics

One reason the colonials complained about the Navigation Acts was

(a) the "shortage" of money; they believed the trade deficits of the colonies were bleeding them of coins. (b) the "surplus" of money that was causing inflation; they believed the trade deficits were flooding the colonies with coins. (c) the Acts' not allowing foreign coins, which created a "shortage" of foreign coins relative to British coins. (d) the Acts' requirement that only paper money would circulate in the colonies, without the backing of gold.

Economics

Decision making is a process, what is the first step?

a. Define the decision b. Estimate resources c. Consider alternatives d. Imagine consequences

Economics

In the United States, the parity system and commodity support program have historically covered only three basic farm products: wheat, corn, and tobacco

Indicate whether the statement is true or false

Economics