In the case of Thailand in 1997, the Thai government was running a large:
A) current account surplus, requiring capital inflows from abroad.
B) current account deficit, requiring capital inflows from abroad.
C) current account surplus, requiring capital outflows.
D) current account deficit, requiring capital outflows.
B
Economics
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In the figure above
A) moving from point a to point b would require new technology. B) production at point b is efficient whereas production at point a is not efficient. C) some resources must be unemployed at point c. D) opportunity costs are decreasing.
Economics
If each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be:
A. disproportionate. B. progressive. C. proportional. D. regressive.
Economics