We began running consecutive annual trade deficits
A. before we began running current account deficits.
B. at the same time we began running current account deficits.
C. after we began running current account deficits.
A. before we began running current account deficits.
Economics
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When no one owns a particular resource
A) property rights are clearly defined. B) individuals have legal recourse for any damages caused to their resource. C) no one has any incentive to consider externality spillovers associated with that resource. D) positive externalities will arise.
Economics
Refer to the graph below showing the revenue curves for a monopolist. What price should be charged in order to maximize total revenue?
A. P1
B. P2
C. P3
D. P4
Economics