Entry drives economic profits to zero
Indicate whether the statement is true or false
True
Economics
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If the current account is in deficit, imports of goods and services exceed exports of goods and services (plus net unilateral transfers)
a. True b. False
Economics
Congress initially intended for the Medicaid program to provide basic safety net coverage for certain vulnerable populations, including all the following but one.
a. Disabled individuals less than 65 b. Working age adults without dependents c. Single, pregnant women with or without dependents d. Single men with dependents e. Children in low-income households
Economics