A country has a current account surplus of $256 billion. This implies that ________
A) net factor payments from abroad is negative
B) payments received from foreigners exceed payments to foreigners
C) net transfers from abroad is negative
D) its imports exceed its exports by $256 billion
B
Economics
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The Bureau of Labor Statistics does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labor force participation rate would change
What will be an ideal response?
Economics
Refer to Figure 17-4. Which of the following is true at W0?
A) The substitution effect is larger than the income effect. B) The income effect and the substitution effect are equal. C) The income effect is larger than the substitution effect. D) The supply curve is positively sloped.
Economics