The balance of trade identity says the current account is equal to ________.

A. the reserve account
B. 100
C. zero
D. the sum of the capital account and the financial account

Answer: D

Economics

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Product differentiation allows the firm to

a. raise price and lower quantity demanded b. raise price without suffering a substantial loss of sales c. shift the market demand curve to the left d. shift the market supply curve to the left e. decrease barriers to entry

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