A sign that Country A is under pressure to devalue its currency is its:
a. Overall balance is in surplus.
b. Financial account is in deficit.
c. Overall balance is in deficit.
d. Reserves account is in deficit (i.e., negative).
e. All of the above.
.C
Economics
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If income decreases or the price of a complement rises
A) the demand curve for a normal good shifts leftward. B) the demand curve for a normal good shifts rightward. C) there is an upward movement along the demand curve for the good. D) there is a downward movement along the demand curve for the good.
Economics
People respond to incentives
A) by ignoring negative incentives and responding to positive incentives only. B) only when they are irrational. C) as they never intentionally make decisions that would leave them worse off. D) when they have low incomes.
Economics