A balance-of-payments surplus for the United States can be corrected by
A. Increasing quotas on foreign goods.
B. Reducing tariffs on foreign goods.
C. Subsidizing U.S. exports.
D. Increasing U.S. taxes.
Answer: B
Economics
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a. $1,000 b. $7,500 c. $5,000 d. $2,500 e. $3,750
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An increase in labor supply increases the equilibrium wage rate and decreases the number of workers hired
a. True b. False Indicate whether the statement is true or false
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