An increase in U.S. official reserve assets is entered in the U.S. balance of payments accounts as a

a. credit.
b. debit.
c. current account item.
d. None of the above

B

Economics

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Social Security is indexed by the CPI. As a result

a. it is "over-indexed.". b. it ignores inflation c. it is "under-indexed.". d. it is "un-indexed.". e. it is "over-subscribed.".

Economics

Samantha is maximizing total utility while consuming food and clothing. Her marginal utility from food is 50, and her marginal utility from clothing is 25 . If clothing is priced at $10 per unit, the price of food per unit must be

a. $2. b. $2.50. c. $5. d. $20.

Economics