Refer to the scenario above. Plutoland's current account would show a balance of ________

In the long run, larger budget deficits lead to ________

A) higher saving levels B) a fall in investment C) lower interest rates D) all of the above E) none of the above

In competitive markets, buyers

a. are price takers, but sellers are price setters. b. are price setters, but sellers are price takers. c. and sellers are price takers. d. and sellers are price setters.