If foreign holdings of U.S. dollars decrease, holding all else constant,
A) the balance on the U.S. current account will decrease.
B) the U.S. balance of trade will decrease.
C) the balance on the U.S. financial account will decrease.
D) the balance on the U.S. capital account will decrease.
C
Economics
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The marginal cost curve intersects the average fixed, average variable, and average total cost curves all at their minimum points
Indicate whether the statement is true or false
Economics
Refer to the figure above. If the relative price of T were to increase, then the price line would
A) shift out in a parallel fashion. B) shift in a parallel fashion. C) become steeper. D) become flatter.
Economics