Refer to the table below. The figure for net transfers indicates that the United States:
The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data. All figures are in billions of dollars.
U.S. goods exports +$390
U.S. goods imports -498
U.S. service exports +133
U.S. service imports -107
Net investment income +12
Net transfers -22
Capital account -5
Foreign purchases of U.S. assets +156
U.S. purchases of foreign assets -59
A. Received a net public and private transfer of $22 billion from the rest of the world
B. Sent a net public and private transfer of $22 billion in remittances to the rest of the world
C. Sent a net private transfer of $22 billion to the rest of the world
D. Received a net private transfer of $22 billion from the rest of the world
B. Sent a net public and private transfer of $22 billion in remittances to the rest of the world
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A rational pricing strategy for a profit-maximizing monopolist is
a. price discrimination. b. price segregation. c. synergy pricing. d. average cost pricing.
Refer to the graph shown. Which of the following curves demonstrates a perfectly inelastic demand curve?
A. A B. B C. C D. None of the curves