If you go to Europe to work and send funds home to your family living in the United States, this is known as a
A) service import.
B) merchandise import.
C) service export.
D) unilateral transfer.
Answer: D
Economics
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The IS curve ________ when the real interest rate increases
A) shifts to the right B) shifts to the left C) shifts up D) all of the above E) none of the above
Economics
When the total surplus lost as a result of a tax is less than the amount of tax revenue collected by the government there is a deadweight loss
a. True b. False Indicate whether the statement is true or false
Economics