If there is an increase in the future marginal product of capital in a small open economy, it causes the current account to ________ and saving to ________
A) fall; rise
B) rise; remain unchanged
C) fall; remain unchanged
D) rise; rise
C
Economics
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The federal minimum wage law demonstrates
a. market equilibrium. b. a societal choice for economic equity over efficiency. c. the function of equilibrium price in a competitive market. d. government intervention to ensure the equilibrium price.
Economics
What is the difference between "shutting down temporarily" and "exiting the industry"?
What will be an ideal response?
Economics