A trade deficit means:
A) the country has positive net savings, which it lends abroad.
B) the country has negative net savings, which it lends abroad.
C) the country has positive net savings, which it borrows from abroad.
D) the country has negative net savings, which it borrows from abroad.
D
Economics
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When a demand curve is perfectly elastic:
A) marginal revenue = average revenue = price. B) marginal revenue > average revenue = price. C) marginal revenue < average revenue = price. D) marginal revenue > average revenue > price.
Economics
Which of the following did not contribute to the failing of Freddie Mac and Freddie Mae?
A) Problems with adverse selection. B) Problems with moral hazard. C) Weak regulatory oversight. D) Unethical accounting practices.
Economics