When a country exports fewer goods and services than it imports, this is called
A. the terms of trade.
B. the exchange rate.
C. a balance of trade deficit.
D. a balance of trade surplus.
C. a balance of trade deficit.
Economics
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The BLS count Jody as being unemployed if she _______
A. had a job last month but not this month B. doesn't have a job because the U.S. factory where she worked cannot compete with cheap Chinese imports C. wants a job and looked for a job last year but has now stopped looking D. wants a job and is willing to take a job but after searching last week cannot find a job
Economics
Which of the following is a characteristic of a perfectly competitive market? a. Homogeneous products
b. Barriers to entry. c. Substantial expenditures on advertising. d. All of the above.
Economics