Adjustments in ________ take the economy from the short-run equilibrium to the long-run equilibrium

A) imports and exports B) wages and prices
C) the multiplier D) interest rates

B

Economics

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Balance of payments issues are related to the relative value of different countries' currencies and the flow of goods, services, and financial assets among countries. The rate at which one country's currency can be traded for another is called:

A) the trade balance. B) capital inflows. C) capital outflows. D) the exchange rate.

Economics

The economist who advocated a single tax on land was:

A. Adam Smith. B. John Maynard Keynes. C. Henry George. D. Milton Friedman.

Economics