The Fed never processes immigrating checks that must pass between different Federal Reserve banks

Net exports of goods and services is equal to the value of

A) exports plus the value of imports. B) imports minus the value of exports. C) domestic consumption minus the value of imports. D) exports minus the value of imports. E) domestic consumption minus the value of exports.

________ shows that if all resources are fully and efficiently utilized, more of one good can be produced only by producing less of another good

A) The mixed market system B) Comparative advantage C) The production possibilities frontier model D) Absolute advantage