If a government of a country with a zero trade balance increases its budget deficit, then the real exchange rate
a. appreciates and there is a trade surplus.
b. appreciates and there is a trade deficit.
c. depreciates and there is a trade surplus.
d. depreciates and there is a trade deficit.
b
Economics
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Suppose Jonah and Carlos have a contract, which Carlos chooses to breach. Jonah sues, and a court orders Carlos to pay him the amount he expected to gain at the time they made the contract, net of any amount he actually did receive after the breach. The form of payment which the court specifies in this example is called:
a. a contingent fee. b. a specific performance. c. a capitation. d. expectation damages.
Economics
The U.S. economy is unique for both its size and prosperity
a. True b. False Indicate whether the statement is true or false
Economics