All of the following are surplus items on the balance of payments accounts EXCEPT
A. U.S. residents purchases of gold from foreign residents.
B. foreign tourists spending funds in the United States.
C. sales of U.S. dollars to foreign residents.
D. exports of merchandise.
Answer: A
Economics
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If there is a shortage of gasoline, then
A) the purchase plans of buyers are not being fully achieved. B) buyers will tend to compete amongst themselves for more gasoline. C) the price of gasoline will tend to rise. D) all the above are true. E) none of the above is true.
Economics
There is no difference between building a theory and evaluating a theory
Indicate whether the statement is true or false
Economics