Which of the following statements about the budget deficit is TRUE?
A) It is equal to the public debt. B) It is a stock variable.
C) It is a flow variable. D) none of the above
C
Economics
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Changes in a currency's exchange rate adjust immediately to insure that
A) official settlements account parity always prevails. B) net exports always equal zero. C) interest rate parity always prevails. D) current account balance equals zero. E) purchasing power parity always prevails.
Economics
Refer to Figure 7-1. Suppose the government allows imports of leather footwear into the United States. What will be the quantity of imports?
A) Q0 B) Q1 C) Q2 D) Q2 - Q0
Economics