If a larger percentage of Americans attended college, the wage premium would probably

A price war:

A. is one possible consequence of oligopolistic rivalry. B. never occurs in oligopolistic markets. C. results in higher profits for sellers. D. occurs only under perfect competition.

Which balance of payments measure shows best if a nation is paying its own way?

a. Trade balance b. Balance on goods, services, and income c. Reserves account. d. Net errors and omissions account e. Net transfers account