A country's balance of payments accounts records its
A) international exports and imports and nothing else.
B) international trading, borrowing, and lending.
C) tax receipts and expenditures.
D) tariffs and nontariff revenue and government purchases.
E) tariff receipts and what it pays in tariffs to other nations.
B
Economics
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Economic growth due to labor force expansion or capital investments will result in I. A leftward shift of short-run aggregate supply. II. A rightward shift in long-run aggregate supply
A) I only B) II only C) Both I and II D) Neither I nor II
Economics
For a monopolist, at the profit-maximizing level of output:
A. total revenue is equal to total cost. B. marginal cost is greater than price. C. price is greater than average revenue. D. average revenue is greater than marginal cost.
Economics