Net exports of goods are known as

A) the balance of payments.
B) the merchandise trade balance.
C) the current account.
D) the financial account.

B

Economics

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A market structure in which identical goods are produced by several different firms and sold at the market determined price is referred to as:

A) an oligopoly. B) a monopoly. C) perfect competition. D) monopolistic competition.

Economics

Which of the following is a liability to a bank?

A) total reserves B) transaction deposits C) government securities D) loans

Economics