If a country has a trade deficit then
a. S > I and Y > C + I + G.
b. S > I and Y < C + I + G.
c. S < I and Y > C + I + G.
d. S < I and Y < C + I + G.
d
Economics
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If an event is likely to occur, which probability is a reasonable estimate?
A) 0.32 B) 0.79 C) 1 D) Not enough information to determine.
Economics
Refer to the table below. In moving from combination a to e, the marginal rate of substitution of X for Y:
The table shows an indifference schedule for several combinations of X and Y.
A. Increases
B. Decreases
C. Stays the same
D. Decreases and then increases
Economics