In the long run, imports will most likely be paid for with
A) exports.
B) the sale of real and financial assets.
C) the extension of credit.
D) higher domestic unemployment.
Answer: A
Economics
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The rate of unemployment is found by
A) dividing the number unemployed by the number of people in the labor force. B) dividing the number employed by the number of people in the labor force. C) dividing the number unemployed by the number employed. D) dividing the number employed by the number unemployed.
Economics
When a country has a negative current account, that country is
A) borrowing from the rest of the world. B) lending to the rest of the world. C) running a government budget surplus. D) None of the above is correct.
Economics