The big current-account deficits in the late 1880s and early 1890s were financed primarily by
(a) Borrowing from other nations, especially England
(b) Interests earned on bonds and dividends paid on other investments
(c) Taxes
(d) Sale of public land
(a)
Economics
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If the demand for a monopolist's product increases, its
A) marginal revenue increases, making it more profitable to hire more workers. B) marginal revenue increases, making it more profitable to hire fewer workers. C) marginal revenue decreases, making it more profitable to hire more workers. D) marginal revenue decreases, making it more profitable to hire fewer workers.
Economics
The Phillips curve and the short-run aggregate supply curve are closely related, yet one slopes downward and the other slopes upward. Discuss
Economics