If the price elasticity of supply of television sets is constant and equal to 3, a 10 percent increase in price will result in a change in quantity supplied equal to

When a government must operate on a balanced budget, it means that there is no ________ or ________

A) unemployment; special taxes B) surplus; deficit C) bonds being issued; purchased D) borrowing; printing of money

The net value of flows of financial assets and similar claims (excluding official international reserve asset flows) is called the

A. trade balance. B. financial account balance. C. current account balance. D. official reserve balance.