X is exports, M is imports, T is net taxes, G is government expenditure, C is consumption expenditure, S is saving, and I is investment. The government sector balance is equal to
A) T - G.
B) C + S + T.
C) S - I.
D) X - M.
A
Economics
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If the natural monopoly shown in the figure above is unregulated, it will make an economic profit of
A) $2 million. B) $4 million. C) $9 million. D) $0, that is, it earns a normal profit.
Economics
Productivity is defined as the ratio of ________ to ________
Fill in the blank(s) with correct word
Economics