Open economies grow more slowly than closed economies

A market is said to "clear" when

A) sellers give up selling their goods because they can't find any buyers. B) buyers and sellers are able to buy and sell as much as they want at the market price. C) the government decides to shut it down. D) sellers run out of goods to sell.

The Balance Sheet lists:

a. Assets, Liabilities, and Owner's Equity b. Gains, Losses, and Net Income c. Operating, Investing, and Financing Activity d. Income, Expenses, and Liabilities