The sum of the balances in the current and capital accounts in the balance of payments must equal zero
Indicate whether the statement is true or false
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Economics
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Evaluate the following statement. "If marginal product is falling it will bring down the average product."
What will be an ideal response?
Economics
Another term for the opportunity cost of capital is
A) the normal interest rate. B) the normal rate of return. C) a normal profit. D) a normal wage rate.
Economics