If a country's merchandise exports exceed its merchandise imports it has a
A) trade surplus.
B) trade deficit.
C) current account surplus.
D) current account deficit.
A
Economics
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When a bank receives new deposits, it can make new loans up to the amount of
A) the deposits received. B) the excess reserves generated by the deposits C) the reserves generated by the deposits. D) the required reserves generated by the deposits.
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Why does the production possibility frontier have a negative slope?
What will be an ideal response?
Economics