Payments to households not in exchange for goods and services currently produced are:

Refer to the table above. Based on this information, we can conclude that Laborland has a ________

A) current account surplus B) current account deficit C) trade surplus D) budget deficit

Competitive pricing

a. ensures that goods will be allocated evenly b. ensures that goods will be allocated efficiently c. guarantees a fair distribution of goods d. only occurs in an oligopolistic market e. occurs at any quantity at which the demand curve is higher than the supply