A U.S. bank loaned a Canadian oil company 1 million U.S. dollars. The Canadian company then used the entire loan to buy mining equipment from a U.S. company. As a result of these transactions, by how much and in which direction did: A. U.S. net exports change? B. U.S. net capital outflow change?

A. U.S. net exports increased by $1 million
B. U.S. net capital outflows increased by $1 million

Economics

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From the data in the above table, when the economy is in short-run equilibrium, if aggregate demand does not change, then as time passes the

A) short-run aggregate supply curve shifts rightward. B) short-run aggregate supply curve shifts leftward. C) long-run aggregate supply curve shifts rightward. D) long-run aggregate supply curve shifts leftward.

Economics

Explain why the optimal amount of pollution is often not zero

What will be an ideal response?

Economics