The income effect of a price change refers to the change in the quantity demanded of a good that results from a change in the price of a complementary product

Utopia would be a debtor nation

a. if consumers in other countries bought goods and services from Utopia b. only if it had a deficit in its current account c. only if it had a deficit in its balance of goods and services d. if it had a deficit in its balance of trade e. if it had a deficit after adding together the balances in both its current account and its capital account

The market value of ABC Corp, whose securities are publicly traded, can be found by

a. multiplying the price of its stock by the number of shares outstanding b. dividing the number of shares outstanding by the price of the stock c. adding the total value of its outstanding stock to the total value of its outstanding bonds d. subtracting the total value of its outstanding bonds from the total value of its outstanding stock e. subtracting the total value of its outstanding stock from the total value of its outstanding bonds