The financial account in the U.S. balance of payments includes

A. everything that is included in the current account.
B. payments of pensions to U.S. citizens who now live in foreign countries.
C. new U.S. investments in foreign countries.
D. profits that Nissan of America sends back to Japan.

Answer: C

Economics

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An economy without money would have no exchanges of goods and services

Indicate whether the statement is true or false

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Refer to the given data. What is the marginal product of the sixth worker?



Answer the question on the basis of the following information for Manfred's Shoe Shine Parlor. Assume Manfred hires labor, its only variable input, under purely competitive conditions. Shoe shines are also sold competitively.

A.  2 units.
B.  3 units.
C.  4 units.
D.  5 units.

Economics