The balance of payments ____
a. b and e
b. is always zero
c. with some nations is different than it is with others
d. is negative when the nation runs a trade deficit
e. can only be expanded when the government has foreign exchange reserves
b
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A consumer may increase her saving by
A) working more hours and consuming more goods in the present period. B) working more hours and consuming fewer goods in the present period. C) working fewer hours and consuming more goods in the present period. D) working fewer hours and consuming fewer goods in the present period.
Richard Easterlin (1968, 1987) maintains that the 20th century's pattern of births was
(a) affected primarily by Real Gross National Product (Real GNP). (b) negatively affected by the U.S. population's materialistic desires and positively affected by its income. (c) explained by waves of discrimination. (d) explained solely by the wars.