Which of the following does not involve exports and imports?

A. Current account.
B. Capital account.
C. Balance of trade.
D. Net exports.

Answer: B

Economics

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If the price of lumber rises, then, in the market for sawdust

A) the supply curve of sawdust shifts leftward. B) the supply curve of sawdust shifts rightward. C) there is a movement downward along the supply curve for sawdust. D) there is a movement upward along the supply curve for sawdust.

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An increase in the tax wedge associated with a given economic activity will decrease the level of that activity

Indicate whether the statement is true or false

Economics