Suppose the U.S. dollar weakens against the euro (and against other major currencies). We know with certainty that this weakening of the dollar will cause which of the following to occur?

A) a recessionary gap
B) an inflationary gap
C) a deflationary gap
D) none of the above

D)

Economics

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Why might economists prefer private ownership of monopolies over public ownership of monopolies?

Economics

Someone in Germany has just ordered a U.S. car to be exported to Germany. In the U.S. balance of payments, this purchase is a(n)

A) accounting identity. B) special draw. C) surplus item. D) deficit item.

Economics