Refer to the table above. Based on this information, we can conclude that Laborland has a ________
A) current account surplus B) current account deficit
C) trade surplus D) budget deficit
B
Economics
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The above figure shows the production possibility frontier for a country. What is the opportunity cost to move from point D to point E?
A) 6 thousand bottles of wine B) 15 thousand bottles of wine C) 6 tons of rice D) 9 thousand bottles of wine E) Nothing, it is a free lunch.
Economics
An increase in which of the following variables will cause a reduction in the demand for domestic goods?
A) foreign income B) the real exchange rate C) consumer confidence D) domestic income E) all of the above
Economics