The merchandise trade balance of a country equals the value of exported goods minus the value of imported goods

Indicate whether the statement is true or false

true

Economics

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If the price of a DVD falls,

i. the demand curve for DVDs will shift rightward. ii. the demand curve for DVDs will not shift. iii. there will be a movement along the demand curve for DVDs. A) ii and iii B) iii only C) i only D) ii only E) i and iii

Economics

The number of workers hired by a firm at a specific wage rate can be determined if you know the

a. price of the good b. supply curve of labor c. MPP of labor d. MLC (marginal labor cost) e. MRP of labor

Economics