All of the following are deficit items in the balance of payments EXCEPT
A) purchases of foreign assets.
B) imports of merchandise.
C) foreign tourist expenditures.
D) purchases of foreign currency.
Answer: C
Economics
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Which of the following rates of growth in the money supply is likely to lead to the lowest level of inflation in the economy?
a. 1 percent per year b. 3 percent per year c. 5 percent per year d. 7 percent per year
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Which of the following represents a potential solution to the problem of environmental pollution?
a. corrective taxes b. well established property rights c. government regulation d. All of the above are correct.
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