The unilateral transfers category in the current account refers to
a. money sent from one country to another without anything being exchanged in return
b. money sent from one country to another with goods being exchanged in return
c. goods sent from one country to another without anything being exchanged in return
d. goods sent from one country to another with money being exchanged in return
e. services sent from one country to another without anything being exchanged in return
A
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A perfectly competitive market is characterized by a large number of small firms that produce a differentiated product
Indicate whether the statement is true or false
A corporation's market capitalization is best described as
A) the total value of its stocks and bonds. B) the total value of its common and preferred stock. C) its total profit for a particular year. D) its average profit over a period of years.