If the United States sells computers to Russia, and uses the proceeds to buy shares of stock in Russian companies, the U.S. trade balance ________ and the U.S. financial account balance ________
A) rises; rises
B) rises; falls
C) falls; falls
D) falls; rises
B
Economics
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Within the Keynesian cross, the adjustment towards equilibrium occurs through:
A) inflation. B) inventories. C) interest rates. D) none of the above.
Economics
A negative income elasticity implies that the good is an inferior good.
Answer the following statement true (T) or false (F)
Economics