A monopolist will charge a lower price and produce more output than if it was operating in a competitive market

Suppose the U.S. Congress is successful in enacting tariffs large enough to eliminate the current account deficit. What would happen to the level of domestic investment?

A) It would rise and exceed national saving. B) It would fall to a level equal to national saving. C) It would not change. D) It would rise to a level equal to net foreign investment.

The Maastricht Treaty eliminated passport controls at borders with the European Union

Indicate whether the statement is true or false