Which of the following is included in a nation's current account?
I. the import of services
II. a change of foreign currency holdings
III. net transfers, such as foreign aid payments
A) I and III
B) I and II
C) II and III
D) III only
A
Economics
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What does it mean to say that economists use the scientific method? How do economists distinguish between models that work and those that don't?
What will be an ideal response?
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Consider a monopolist who charges a single price to all of its customers. If this monopolist starts price discriminating, its output will ________ and its profit will ________.
A. rise; fall B. rise; rise C. fall; rise D. fall; fall
Economics