Suppose a German bank purchases a U.S. Treasury bond. This transaction would be recorded in the:

a. capital account. b. current account.
c. goods trade balance. d. unilateral transfers.

a

Economics

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If five firms constitute all of the producers in the wristwatch industry, we would call this market a duopoly.

Answer the following statement true (T) or false (F)

Economics

A representative unit that measures the want-satisfying power of a good is

A. purchasing power. B. a margin. C. income. D. a util.

Economics