(The following national income data for an economy are in billions of dollars.)
Refer to the above data. Net exports are equal to:
A.
-$155 billion
B.
$288 billion
C.
-$424 billion
D.
$1483 billion
C.
-$424 billion
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As the number of days without rain increases, the amount of wheat per acre grown declines. A graph showing this relationship would have a curve
A) that is a horizontal line. B) that is a vertical line. C) showing a positive relationshi
Financial innovation has caused
A) banks to suffer declines in their cost advantages in acquiring funds, although it has not caused a decline in income advantages. B) banks to suffer a simultaneous decline of cost and income advantages. C) banks to suffer declines in their income advantages in acquiring funds, although it has not caused a decline in cost advantages. D) banks to achieve competitive advantages in both costs and income.