In 2015, U.S. net exports were
a. positive and about 3 percent the size of GDP.
b. positive and about 6 percent the size of GDP.
c. negative and about 3 percent the size of GDP.
d. negative and about 6 percent the size of GDP.
c
Economics
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In the above figure, if the milk industry is perfectly competitive, then the firm's marginal revenue curve is represented by
A) curve F. B) curve G. C) curve H. D) curve I.
Economics
One of the two criteria for a resource to be considered as a natural resource is that it must:
A) have been produced. B) be found in nature. C) be part of a factory or building. D) not be used to produce goods and services.
Economics