The national budget deficit or budget surplus is measured _____________.
a. annually
b. quarterly
c. biannually
d. monthly
a. annually
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In the foreign exchange market, the demand for dollars increases and the demand curve shifts if the
A) U.S. exchange rate falls. B) expected future exchange rate falls. C) U.S. interest rate differential decreases. D) U.S. exchange rate rises. E) U.S. interest rate differential increases.
How do imports affect buyers' consumer surplus?
What will be an ideal response?
For a good where network externalities are present, having an early lead in the race for customers may be the only lead necessary to ultimately win the race for dominance in the good's market.
Answer the following statement true (T) or false (F)
If the return on capital is equal to the cost of capital
A) accounting profits are zero. B) economic profits are negative. C) accounting profit and economic profit are equal. D) economic profits are zero.