Current account transactions are payments and gifts that are related to the purchase or sale of
A) financial instruments only.
B) both goods and services.
C) goods only.
D) services only.
B
Economics
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Using the growth accounting equation, if the growth rate of output is 5%, the growth of labor is 2% and the growth of capital is 2% then if ?=0.50 then growth of technology can be estimated to be:
A. 4.00%. B. 4.25%. C. 4.75%. D. 3.00%.
Economics
What is the shape of the long-run supply curve in an increasing-cost industry?
A. inverted U-shape B. downward sloping C. upward sloping D. horizontal
Economics