A balance-of-payments deficit occurs:
A. when a nation must make an inpayment of official reserves to its capital and financial account.
B. whenever a nation has a goods and services deficit.
C. whenever a nation has a goods and services surplus.
D. when a nation must make an outpayment of official reserves from its capital and financial
account.
A. when a nation must make an inpayment of official reserves to its capital and financial account.
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The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The average variable cost of producing 10 baseball hats per hour is
A) $1. B) $2. C) $20. D) More information is needed to answer the question.
It is generally ________ to fire a bad public school teacher ________.
A. easy; who has little interest in teaching any longer B. difficult; who has tenure C. easy; who has tenure D. impossible; who has committed a felony