Refer to the information provided in Table 24.2 below to answer the question(s) that follow. Table 24.2Refer to Table 24.2 At the equilibrium level of income, leakages equal ________ billion.

A. $0
B. $300
C. $500
D. $200

Answer: D

Economics

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A currency system in which governments try to keep the values of their currencies constant against another is called a ________ exchange rate system

A) flexible B) consistent C) fixed D) stable

Economics

Which of the following would cause both the equilibrium price and equilibrium quantity of potatoes (assume that potatoes are an inferior good) to decrease?

A) a technological advancement that results in a bumper crop of potatoes B) a freeze that sharply reduces potato output C) a decrease in consumer income D) an increase in consumer income

Economics